Project Description

Goulamina Lithium Project

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.

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 Goulamina Lithium Project

The Mali Government has the right to a 10% free-carried interest, and a further right to an additional 10% in the project at fair market value.

Non-process infrastructure includes a power station (with renewable / hybrid options), 200-room camp, tailings facility and water supply via Sélingué Dam located to the west of the site, through a 25km long pipeline.

Spodumene concentrate is expected to be trucked to regional West African Ports, for export to Ganfeng, and potentially other global customers.

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