Lithium Africa is discussing two proposals to develop Springbok, a South African lithium project, including a $60 million financing offer.
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Springbok
- NEWSMINING
Springbok: Lithium Africa receives two financing offers, including $60 million
by Mapathé SOWby Mapathé SOW 4 minutes readLithium Africa has received two non-binding proposals to finance development of Springbok, its lithium project in South Africa’s Northern Cape. One combines prepayment with purchasing all spodumene concentrate produced during the first three years. The other envisages a $60 million investment by a lithium processing group backed by a Fortune Global 500 company, in exchange for 55% of Lithium Africa’s interest in the project.
- NEWSMINING
South Africa: Lithium Africa targets 2027 with a Springbok processing plant
by Mapathé SOWby Mapathé SOW 5 minutes readLithium Africa veut construire une unité de séparation en milieu dense à Springbok et vise un premier concentré de spodumène en 2027. Le calendrier dépend encore des forages, …
