# Australian lithium mining sector volatility

> Live situation record from CLSTR: https://clstr.news/situations/australian-lithium-mining-sector-volatility
> Updated: 2026-09-24T01:35:13.000Z. Sources: 3. Developments: 2.

Australian lithium mining stocks have faced significant volatility. Mineral Resources Ltd saw a share price decline of approximately 12.6% over five sessions, coinciding with a broader slump in the lithium market where lithium carbonate prices dropped more than 12% in a month. This downturn has also impacted other companies such as PLS Group Ltd and Liontown Resources Ltd.

Core Lithium Ltd also experienced a share price drop of approximately 7.74% following recent company announcements. Despite this decline, the company reported an improved financial position in its FY26 annual report, with cash reserves rising to $181.8 million, largely due to a $120 million share placement and funding from Glencore and InfraVia. While reporting a net loss of approximately $26 million, Core Lithium has made operational progress at its Finniss lithium operation, including the production of its first spodumene concentrate.

## Timeline

### 2026-09-24: Core Lithium shares fall following company announcements

Core Lithium shares dropped nearly 8% on Thursday following new announcements, despite reporting improved cash reserves of $181.8 million and progress at its Finniss lithium operation.

2 sources. https://clstr.news/cluster/core-lithium-shares-fall-following-company-announcements

### 2026-09-16: Mineral Resources shares fall amid declining lithium prices

Mineral Resources Ltd shares have fallen over 12% this week amid a broader decline in lithium prices and market shifts in China, impacting several Australian mining companies.

2 sources. https://clstr.news/cluster/mineral-resources-shares-fall-amid-declining-lithium-prices

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Cite as: Australian lithium mining sector volatility. CLSTR, https://clstr.news/situations/australian-lithium-mining-sector-volatility