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Core Lithium (ASX:CXO) moves to new corporate headquarters

ASX News, Materials
ASX:CXO      MCAP $309.8M
17 December 2021 17:29 (AEST)
Stelar Metals (ASX:SLB) - Non Executive Chair, Stephen Biggins

Source: Core Lithium

Core Lithium (CXO) has moved to a new corporate office in the centre of the Adelaide CBD, allowing workforce expansion.

The transition is in line with the growing corporate demands of Core as it makes a year-long transition from explorer to producer at the company’s wholly-owned Finniss lithium project, located near Darwin.

Core anticipates the new space will be required as new roles are created to keep the business running effectively and smoothly.

The new office is located at Level 5, 149 Flinders Street in Adelaide effective from December 20.

Core Lithium managing director, Stephan Biggins, commented.

“The transition to a larger corporate premises is both a reflection of the strong and consistent growth we have experienced as a business over the past 18 months, and a foreshadowing of the space and larger corporate workforce we will be requiring as we evolve from an exploration company to a fully-fledged lithium miner,” he said.

Core Lithium shares were down 1.92 per cent to trade at 51 cents at market close.

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