Leo Lithium Ltd. (AU:LLL) has released an update.
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Leo Lithium Ltd. is on course to sell its remaining 40% stake in Mali Lithium BV to Ganfeng, with Chinese government approval expected by October 2024, and plans to distribute the proceeds to shareholders in two tranches in 2025. Meanwhile, the Goulamina Project is nearing practical completion with the dry plant operational and the wet plant commissioning in progress, as Ganfeng increases its involvement in anticipation of managing the final stages.
For further insights into AU:LLL stock, check out TipRanks’ Stock Analysis page.