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ASX:LLL
FRA: WX0
The Goulamina Lithium Project located in southern Mali, approximately 150km south of the country’s capital of Bamako, is one of the largest undeveloped hard rock lithium deposits globally. Leo Lithium plans to develop the world class Goulamina Lithium deposit into West Africa’s first operating lithium mine.
The Goulamina Lithium Project (Goulamina) is a spodumene project with development underway, located 50km west of Bougouni in Mali with all approvals and key permits received to bring the project into production.
An updated Definitive Feasibility study (DFS) was completed in December 2021.
Conventional open-pit mining methods involving drilling, blasting, loading and hauling will be applied to the Goulamina Lithium Project.
High quality concentrate has been validated by test work, including production of concentrate grade of 6% Li₂O, and low mica. Goulamina concentrate has all the preferable characteristics for battery applications.
The Company has complied with all requirements under the Malian Mining Code, including developing detailed impact assessments, management plans and rehabilitation plans.
Environmental and Social Impact Assessment (ESIA):
Leo Lithium has proposed a number of community development initiatives aimed at improving the wellbeing of the surrounding communities.
Leo Lithium has proposed a number of community development initiatives aimed at improving the wellbeing of the surrounding communities.
Firefinch has systematically progressed the development of the Goulamina deposit to an FID approved project over the span of approximately 6 years.