Leo Lithium Ltd. (AU:LLL) has released an update.
Leo Lithium Ltd. has made significant progress on its Goulamina Lithium Project, reaching over 80% completion and achieving peak construction phase in the March quarter without compromising safety, clocking in over 5 million injury-free hours. The project is on schedule to commence spodumene production in Q3 FY24, positioning it to become West Africa’s first spodumene producer. Despite corporate challenges, including delayed financial reporting and ongoing negotiations with the Malian Government, Leo Lithium maintains a strong partnership with Ganfeng and a healthy cash position.
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