- Leo Lithium (LLL) achieves key construction milestones at its Goulamina lithium project in Mali
- Alongside joint venture (JV) partner Ganfeng, Leo has poured the first concrete at the primary crushing area of the project and manufactured important equipment
- The next steps for Leo will include final trim work, the transport of permanent accommodation units to the site and the installation of key items
- Leo says the Goulamina project remains on budget and on schedule, with commissioning targeted for the second quarter of 2024 and early revenue in late-2023
- Shares in Leo Lithium are up 2.52 per cent to 61 cents at 10:18 am AEDT
Leo Lithium (LLL) has achieved key construction milestones at its flagship Goulamina lithium project in Mali.
The project is a 50/50 joint venture (JV) between Leo Lithium and Ganfeng Lithium Group.
The JV has poured the first concrete at the primary crushing area of the project and said the ball mill area foundations were ready for concreting.
The manufacture of key equipment, such as the ball mill and other crushing equipment, has been completed, and these items are almost ready for transportation to the site after factory inspection tests.
Leo Managing Director Simon Hay said the pouring of the first concrete at Goulamina ticked off an “important” construction milestone for the company and helped de-risk the project.
“We have already made strong progress on construction to date at Goulamina, with development firmly remaining on budget and commissioning on schedule for first spodumene concentrate at the end of the first half of 2024.”
The next steps for the Goulamina Lithium Project include final trim earthworks, the transport of supply items, the installation of equipment, and the supply and installation of plant and electrical services.
Installation works for the overland water piping package are set to commence in the coming months.
Shares in Leo Lithium were up 2.52 per cent to 61 cents at 10:18 am AEDT.