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Leo Lithium Limited announces Goulamina Lithium Project is on track for first spodumene production in Q2 2024, with early revenue opportunity from Direct Shipped Ore in Q4 2023.
Detailed engineering, design optimization, and industry-wide inflationary pressures have raised capital cost estimates to US$285 million, with a total capital expenditure of US$318 million from FID to first production.
Goulamina Project remains one of the largest, lowest capital intensity lithium spodumene projects globally, confirming its position as a globally competitive, emerging spodumene producer.