Core Lithium Ltd. announced that Primero has been awarded a 5-year Operations and Maintenance (O & M) contract for the operation and maintenance of Core's Dense Media Separation (DMS) plant at the Finniss Lithium Project. The scope of the O&M contract not only includes the DMS processing facilities, but also related Tailing Storage Facilities (TSF) infrastructure at the Finniss Lithium Project near Darwin, Northern Territory. The contract has an estimated value of AUD 60 million over the 5 years.

Primero has the majority of key personnel on hand for deployment into the contract commencing from October 2022 and expects to complete al remaining recruitment and operational readiness activities by December 2022, ready for first spodumene concentrate production in the new year.