Finniss — lithium project

Hard-rock spodumene lithium complex comprising the Grants, BP33, and Carlton deposits. Located in the Bynoe pegmatite field in the Northern Territory. Property covers more than 500 km2. Hosts high-grade, steeply dipping pegmatite orebodies. Production commenced in early 2023 but was suspended in 2024 due to weak market conditions; currently in care and maintenance. May 2025 Restart Study outlines a transition to underground mining to reduce costs, with a 20-year LOM producing 205 ktpa SC6 equivalent. Processing plant upgrades planned to increase throughput to 1.2 Mtpa and recovery to 78% via an enhanced DMS circuit without flotation. Exploration targets defined at Blackbeard and BP33 Deeps.