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ASX:FFX

Firefinch Ltd

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Market:
ASX
Market Cap:
$563.99 m
Price
0.62 AUD
Change
-3.91%
52 weeks high
0.73
52 weeks low
0.13

In brief

Firefinch Ltd (ASX:FFX) is a Mali focused gold miner and lithium developer with an 80% interest in the operating Morila Gold Mine which has produced 7.5 million ounces of gold since 2000.

The company plans to ramp up production from an annual production profile of 40,000 ounces to 200,000 ounces by re-starting mining from the main Morila pit to exploit the 2.35-million-ounce gold resource while also boosting the capacity of the 4.5 million tonnes per annum mill.

Firefinch also aims to demerge the Goulamina Lithium Project, which is among the world’s largest undeveloped high-quality lithium deposits into a separate lithium focused company to be listed on the ASX.

Snapshot

  • Firefinch boosted by inclusion in Van Eck GDXJ ETF
  • Firefinch debuts Leo Lithium as future Goulamina operator amid Ganfeng agreement execution
  • Firefinch introduces Leo Lithium and talks plans to expedite final investment decision

Insight Widest with the analysis, Proactive gives perspectives that others don't.

Firefinch debuts Leo Lithium as future Goulamina operator amid Ganfeng agreement execution

The Mali-focused gold miner and lithium developer is set to spin out its Goulamina asset with an ASX debutant as it finalises its joint venture agreement with Ganfeng Lithium Co.

on 16/8/21