Ganfeng Lithium to acquire a 50% stake in the Goulamina lithium project rom Firefinch for $130m.

Ganfeng Lithium, a China-based company principally engaged in the development of deeply processed lithium products, to agreed acquire a 50% stake in the Goulamina lithium project, a Mali-based lithium mine, from Firefinch, an ASX-listed gold miner and lithium developer, for $130m. Firefinch has said it intends to demerge Goulamina into a new ASX listed company. Ganfeng’s investment could speed up such plans.