Birimian poised to announce tie-up with China's Tongdow Group
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Birimian is set to unveil as early as Monday a link-up with one of China's biggest commodities traders.
Up-and-coming lithium player Birimian is set to unveil as early as Monday a link-up with one of China's biggest commodities traders, paving the way for potential sales deals that would underwrite the funding for its project in southern Mali.
The imminent accord with Tongdow Group follows on the heels of last week's announcement of a maiden certified resource at the Bougouni project that is said to be among the highest grade worldwide.
The alliance could lead to deals for lithium offtake and mine development, as well as partnering to achieve spot market pricing for lithium, where demand is being supercharged by the rise of batteries and electric vehicles.
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