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Leo Lithium Secures US$177.6M, Eyes Major Lithium Acquisition and ASX Relisting
9:38am on Friday 25th of July, 2025 AEST
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Mining
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Leo Lithium Secures US$177.6M, Eyes Major Lithium Acquisition and ASX Relisting
9:38am on Friday 25th of July, 2025 AEST
Key Points
Final tranche 2 payment of US$177.6 million received from Ganfeng
US$177 million converted to A$281.6 million via call option hedge
Progressing lithium hard rock M&A opportunities targeting cornerstone asset
ASX relisting planned post-acquisition, subject to approval
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