Australia's Leo Lithium signs deal with China's Ganfeng Lithium to raise $72 mln

Leo Lithium

29/05/2023 24:52

May 29 (Reuters) - Australian lithium miner Leo Lithium
Ltd  LLL.AX  said on Monday it has entered into a binding
agreement with a unit of China's Ganfeng Lithium Group Co Ltd
 002460.SZ  to raise A$106.1 million ($72 million) and to
cooperate for the ramp-up of its Goulamina project.
 ($1 = 1.4743 Australian dollars)

 (Reporting by Echha Jain in Bengaluru; Editing by Himani
Sarkar)
 ((Echha.Jain@thomsonreuters.com;))