Leo lithium limited

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Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources , and more. Learn More. But that doesn't mean the embattled lithium developer hasn't been busy behind the scenes. This morning, the company released a quarterly update , which provided investors with an idea of what's been going on at its Goulamina operation in Mali. According to the release, the company has made further progress at Goulamina, which is the world's fifth largest spodumene deposit.

Leo lithium limited

Concurrently, ongoing negotiations with the Mali government could result in a potential settlement, offering a path for further project development. The project has the potential to become a world-class operation, and construction is advancing steadily. The company is working towards a settlement with the Mali government and will provide an update in the coming weeks, while the amount of the potential payment remains uncertain. Sign in. Forgot your password? Get help. Password recovery. Battery metals News West Africa. By Mining Review Africa. January 19, Mining Review Africa. Business and policy. Sibanye-Stillwater concludes retrenchment consultations February 23,

Short selling activity Low. The initial commissioning team is mobilised and operational readiness planning has been launched.

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Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources , and more. Learn More. However, that won't be the case, with the lithium developer's shares being suspended indefinitely , this time by the ASX operator. Last month, the company's shares were slammed into another trading halt and suspension due to correspondence from the Malian junta government. It advised:. The Company requests a voluntary suspension pending an announcement in relation to correspondence from the government of Mali and the application of the Mining Code to the Goulamina Lithium Project. As you might have noticed at the top, Leo Lithium's shares appear to have been blocked from returning to trade by the ASX operator this morning. The notice explains:.

Leo lithium limited

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In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by FT and is not intended to be relied upon by users in making or refraining from making any specific investment or other decisions. Twitter Twitter. Is this lithium miner destined to sink deep into the red? Add to Your Watchlists New watchlist. Facebook Facebook. All content on FT. This is being supported by its partnership with Ganfeng, which is China's largest lithium producer. February 22, James Mickleboro. Business and policy. Use our equities screener to discover other potential opportunities. February 25, Bernd Struben.

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.

Show more Tech link Tech. Facebook Facebook. PGMs a key role in energy transition, demand remains uncertain February 22, Get help. What did Leo Lithium say? Short selling activity Low. Average volume -- Shares outstanding Scott Phillips just released his 5 best stocks to buy right now and you could grab the names of these stocks instantly! Password recovery. Learn More. Show more Companies link Companies. He concludes: We hold a strong relationship with Ganfeng and we are pleased to report on the operational progress made on the ground in the quarter. He said:.