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New Deal


Announced

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

Financials

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Transaction Value£92m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Pending

Acquisition

General Mining

Mali

Single Bidder

Friendly

Majority

Private

lithium mine

Cross Border

Synopsis

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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.

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