Leo Lithium Goulamina

Leo Lithium accomplishes key construction milestones at Goulamina

Leo Lithium (ASX:LLL) reports that it has achieved key construction milestones following the first concrete pour in the primary area of the Goulamina Lithium Project in Mali, Africa.

The company says first concrete has been poured at the primary crushing area at Goulamina, with the ball mill area foundations also ready for concreting within the coming days.

Adding on, Leo Lithium notes manufacturing of the ball mill and other vital crushing equipment, including the cone crusher and jaw crusher, have been successfully completed and is undergoing final factory inspection tests ahead of the equipment being readied for transport to site.

Achieving first concrete pour at Goulamina ticks off an important construction milestone”

Other construction activities are continuing as per the construction plan, including tailings storage facility, temporary construction offices, and permanent employee accommodation.

Speaking on the construction milestones, Leo Lithium Managing Director Simon Hay said: “Achieving first concrete pour at Goulamina ticks off an important construction milestone, de-risks the project further and enables us to ramp up plant and equipment installation activities on site considerably.

The timing could not have been better in this regard, with fabrication of the ball mill and other key crushing and magnetic separation equipment completed or near complete and due to be transported to site shortly.

Pleasingly, we have already made strong progress on construction to date at Goulamina, with development firmly remaining on budget and commissioning on schedule for first spodumene concentrate at the end of the first half of 2024.”

The company also notes the project remains on budget and on schedule, with commissioning targeted for Q2, 2024.

In addition, early revenue is on track from targeted export of direct shipped ore in H2 2023.

Representatives of Leo Lithium and Ganfeng inspecting the ball mill and cone crusher
Representatives of Leo Lithium and Ganfeng inspecting the ball mill and cone crusher

With the first concrete pour now achieved, Leo Lithium announces the final trim of earthworks in the plant area are currently underway and will enable concrete preparation and installation to proceed.

Leo Lithium is an ASX-listed pure play lithium company focused on developing the ‘world-class’ Goulamina project in Mali. The project represents the next lithium project of ‘significant’ scale to enter production, and will be the first of its kind in West Africa. The tenement also represents a joint venture (JV) between Leo Lithium and Ganfeng Lithium Group (SHE:002460), with both parties owning an equal 50% in all associated tenements.

Images: Leo Lithium Limited
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Written By Adam Drought
Born and raised in the UK, Adam is a sports fanatic with an interest in Rugby League and UFC/MMA. When not training in Muay Thai and Brazilian Jiu Jitsu, Adam attends Griffith University where he is completing his final year of a Communication & Journalism degree.