Ganfeng Lithium Expands with Mali Equity Transfer

Ganfeng Lithium Co (HK:1772) has released an update.

Ganfeng Lithium Co. has entered an agreement with the Mali government to transfer a 35% equity interest in its subsidiary, Lithium du Mali SA. This deal, valued at approximately USD 32 million, includes investment incentives and aims to boost the development of the Goulamina spodumene project. The move marks a significant expansion for Ganfeng Lithium in the African lithium market.

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