Important update: Stake UK will be closing down.
Read more here
When you invest, your capital is at risk.

Share

How To Buy Shares In Leo Lithium

The lithium spin-off of Firefinch ($FFX) hits the boards today.

Leo Lithium begins trading on the ASX today after completing the demerger from former parent company Firefinch.

Leo Lithium is focused on spodumene concentrate, a material used in the production of lithium chemicals. Essentially the chemicals that power lithium batteries used by electric vehicles.

The company has a 50% ownership in the Goulamina Lithium Project in Mali alongside Chinese giant, Ganfeng Lithium. The project is one of the world’s largest undeveloped high quality spodumene deposits, and the open pit mine is expected to produce 726,000 tonnes of concentrate once operational.

Ganfeng has contributed US$130m in equity funding to the joint venture and will be responsible for the funding to develop stage one.

Leo Lithium is available to trade under the ticker $LLL on Stake now.


Want more?

You know what to do

Insights, trends and company deep dives delivered straight to your inbox.


Stake logo


Stake is the trading name of Hellostake Limited, a company registered in England and Wales (Company no. 11676409). Hellostake Limited is authorised and regulated by the UK Financial Conduct Authority under the Firm Reference Number 830771. Registered address: 85 Great Portland Street, London, W1W 7LT, United Kingdom.

When you invest, your capital is at risk.

The value of your investments can go down as well as up and you may receive back less than your original investment. Any advice is of a general nature only. As investments carry risk, before making any investment decision, please consider if it’s right for you and seek appropriate independent taxation and legal advice. The information on our website or our mobile application is not intended to be an inducement, offer or solicitation to anyone in any jurisdiction in which Stake is not regulated or able to market its services.

At Stake, we’re focused on giving you a better investing experience but we don’t take into account your personal objectives, circumstances or financial needs. Please view our Terms & Conditions, Privacy Policy and Disclaimers before deciding to use or invest on Stake. By using the Stake website or service in any way, you agree to our Privacy Policy and Terms & Conditions. All financial products involve risk and you should ensure you understand the risks involved as certain financial products may not be suitable to everyone. Past performance of any product described on this website is not a reliable indication of future performance

Copyright © 2024 Stake. All rights reserved.