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15 Jun
15:56

LITHIUM: Ganfeng continues ‘aggressive’ M&A with 50% stake in the Goulamina project

China’s Ganfeng Lithium is acquiring a 50% stake in the Goulamina spodumene concentrate project in Mali through a special purpose company set up in the Netherlands, Kallanish reports. The company said in a filing it will pay $130 million for the equity, in a deal that includes mining rights investment and the provision of financial assistance for Lithium du Mali SA (LMSA) – a subsidiary to be fully owned by the Dutch SPAC, that in turn owns the Goulami…
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