InfraVia Capital Partners announced an investment in Core Lithium to support the upcoming operation of its Finniss lithium project in Australia, marking the first deployment from its critical metals strategy.
The investment forms part of a broader $205 million funding package alongside Glencore, Nebari, and other institutional investors. InfraVia is contributing $50 million through a convertible note structure.
Located south of Darwin in Australia’s Northern Territory, the Finniss project will extract lithium-bearing ore through both underground and open-pit mining operations. The ore will be processed onsite into high-grade lithium spodumene concentrate. The first shipment is expected in the third quarter of 2026, with full commercial production targeted by mid-2028.
The funding is designed to accelerate the start of production while leveraging strong global demand for lithium and the project’s competitive cost profile. The Finniss site also offers expansion potential, with opportunities to increase processing capacity and further develop lithium-bearing formations in the surrounding Bynoe region.
This investment represents the first transaction under InfraVia’s Critical Metals fund, which focuses on building a diversified portfolio across extraction, processing, and recycling of key materials essential to the energy transition and advanced technologies. The fund is backed by the French State under the France 2030 program alongside private institutional investors and operates under an ESG framework classified as SFDR Article 8.
InfraVia views lithium as a critical component in supporting electric vehicle supply chains and broader energy transition efforts, positioning the Finniss project as a strategic asset with long-term growth potential.
KEY QUOTES:
“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.”
Vincent Levita, CEO And Founder, InfraVia Capital Partners
“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.”
Sylvain Eckert, Partner, InfraVia Critical Metals