Skip to main content
The Markets by Proactive
Go to Proactive Australia

Archive

Leo Lithium updates on "fantastic and transformational" placement with JV partner

Leo Lithium updates on "fantastic and transformational" placement with JV partner

Leo Lithium Ltd (ASX:LLL, OTC:LLLAF) managing director and CEO Simon Hay speaks to Thomas Warner from Proactive about progress on the Goulamina Lithium Project in Mali.

The company recently announced an A$106m placement and comprehensive cooperation agreement with existing joint venture partner Ganfeng Lithium.

Hay gives an overview of the new deal, describing at as a "fantastic and transformational opportunity" for Leo Lithium.

He also reiterates that the company remains "on schedule" to make first spodumene production at Goulamina in "late Q2 2024"