Finniss is located south of Darwin, Northern Territory, in Australia, and will extract lithium-bearing ore from both an underground and an open-pit operation. The extracted ore will be processed on site into a concentrate of high-grade lithium spodumene. First shipment of concentrate is expected by Q3 2026, and full commercial production by mid-2028.

The funding package has been designed to facilitate the commencement of production at Finniss, capitalising on strong demand for Lithium and the project’s competitive cost profile. Finniss offers strong growth potential, with scope to increase plant capacity through further investment. Located in the Bynoe area, the project sits in a region with numerous lithium-bearing formations, providing strong potential to grow in the future.

InfraVia will invest US$50 million through a convertible note as part of a US$205 million funding package.

« We are delighted to become a strategic funding partner of Core Lithium to support the upcoming operation of the Finniss lithium project. Combining strong technical fundamentals with a highly experienced team, we believe this project offers significant operational and strategic potential. Lithium is a critical component of the global energy transition, and investing in reliable sources of supply is essential to the development of resilient battery and electric vehicle supply chains. This investment is fully aligned with the strategy of our Critical Metals fund. » says Vincent Levita, CEO and Founder of InfraVia Capital Partners.

This is the first investment of InfraVia Critical Metals strategy that has been designed to capture the significant investment opportunity provided by the increasing importance of critical metals for European sovereignty and energy transition. InfraVia views lithium as a key sector to achieve its goals, underpinned by long-term energy- demand. The Fund targets a diversified portfolio of assets spanning extraction, processing and recycling of critical metals that are essential for a resilient and clean energy supply and for high tech applications critical to Europe’s strategic autonomy. The Critical Metals Fund has been seeded by the French State (under the France 2030 programme) as an anchor investor alongside private institutional capital. The strategy is supported by a robust ESG framework, with the fund classified as SFDR Article 8.

« As the lithium market continues to grow, we consider Core Lithium to be well positioned to emerge as a competitive lithium producer over the long term. We are delighted to partner with Glencore and Nebari to support a team with a solid track record in project delivery to bring a high-quality project into commercial production. » says Sylvain Eckert, Partner, InfraVia Critical Metals.