Leo Lithium raises $70 mln to develop Mali spodumene concentrate project

Leo Lithium

31/07/2023 04:05

July 31 (Reuters) - Australia's Leo Lithium  LLL.AX  on
Monday said it raised A$106 million ($70.76 million) from its
joint venture partner Ganfeng  002460.SZ  through the issue of
131 million shares to develop its Goulamina stage 1 spodumene
concentrate project in Mali.

($1 = 1.4981 Australian dollars)

 (Reporting by Poonam Behura in Bengaluru; Editing by Sonia
Cheema)
 ((Poonam.Behura@thomsonreuters.com;))