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20 Jul
17:37

Leo Lithium, Ganfeng complete $40m debt facility agreement on Goulamina

Australia’s Leo Lithium confirmed on Wednesday it has agreed terms with joint venture partner Ganfeng Lithium on a $40 million debt facility for the Goulamina lithium project in Mali. The facility provided by Ganfeng involves a progressive draw term loan available from November 2022 until May 2024. It must be repaid in full by Lithium du Mali (LMSA) five years after financial close. LMSA is a wholly-owned subsidiary of Mali Lithium (MLBV), which is the Go…
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