Australia's Leo Lithium gains on Mali project update

Leo Lithium

30/06/2023 05:22

** Shares of Leo Lithium  LLL.AX  jump as much as 7% to
A$1.07, set for best session since June 20
    ** Co produces its first direct shipped ore (DSO) at
Goulamina lithium project in Mali
    ** Says DSO haulage process to give co insights to define
optimal materials handling solution ahead of spodumene
concentrate production, which is on schedule to commence in H1
2024
    ** Adds, first rev from DSO on track to be received during
Q4
    ** On an annualised basis, co is targeting 185,000 tonnes of
DSO exports until spodumene production commences
    ** Stock up ~106.2% YTD, as of last close 
    


 (Reporting by Upasana Singh in Bengaluru)
 ((Upasana.Singh@thomsonreuters.com))