Ganfeng seeks full control of lithium mine in Mali

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Ganfeng seeks full control of lithium mine in Mali
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China’s Ganfeng Lithium Group Co. plans to pay about $408 million to buy out its partner in a lithium mine being developed in Mali.

Ganfeng and Leo are aiming to bring Goulamina into production this year, vying with Australian firm Kodal Minerals to become the first operating lithium project in Mali. The country is already home to some of the largest gold mines in Africa run by companies including Barrick Gold Corp. and B2Gold Corp.

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