Leo Lithium Says on Track to Complete Sale of Stake in Goulamina Project in Mali

MT Newswires Live

2024/09/13

Leo Lithium (ASX:LLL) said it is on track to complete the sale of its 40% stake in Mali Lithium to Ganfeng Lithium (HKG:1772, SHE:002460) in October, pending the Chinese government's approval, according to a Friday filing with the Australian bourse.

The lithium explorer also said it will delay the lodgement of its half-year accounts for the six months ended June 30 as discussions with Ganfeng and the Mali government regarding the sale are still ongoing.

It added that construction at the Goulamina project, which is owned by the Mali Lithium joint venture, is expected to conclude by Sept. 30.

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