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GANFENGLITHIUM's 1st Phase of Goulamina Spodumene Project in Mali, Africa Starts Production w/ Expected Annual Output ~506K Tons
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GANFENGLITHIUM (01772.HK) held a production ceremony for the first phase of the Goulamina spodumene project in Mali, Africa, yesterday (15th), which means the formal production of the first phase of the Goulamina spodumene project, according to GANFENGLITHIUM's announcement. Goulamina spodumene project is located in southern Mali, Africa, it is one of the largest lithium mines in Africa, covers an area of 100 square kilometers with a total explored ore resource of 211 million tons, corresponding to a total lithium resource of approx. 7.14 million tons of LCE, at an average lithium oxide grade of 1.37%, pursuant to the introduction. The first phase of Goulamina spodumene project is planned to have an annual production capacity of 506,000 tons of lithium concentrate, and the second phase of the project is planned to be expanded to 1 million tons of lithium concentrate, GANFENGLITHIUM added. After the formal production of the first phase of the project, the Company will actively accelerate the ramp up of the project's production capacity. AAStocks Financial News |
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