Following a strategic review intended to ‘preserve business value in…weak market conditions”, Core Lithium has confirmed it will temporarily suspend mining at the Grants open pit near Darwin, Northern Territory, Australia. It acknowledged the decline of spodumene concentrate, which has dropped 85% in 12 months and 50% since the end of October 2023, and noted that it will reduce its…
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Leo Lithium awards services deal to Corica Mali
Leo Lithium Limited has finalised the award of its mining services contract for the Goulamina lithium project in Mali in a deal worth US$348 million. The Corica Mining Services subsidiary’s contract encompasses six months of pre-production activities at Goulamina followed by a fixed five-year term. The contract was awarded following a competitive tender process and extensive due diligence that examined…
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