Ganfeng Lithium Offers AUD 150M Financial Support to Joint Venture for Daily Operations

Published: Jun 12, 2025 18:04

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[No more than AUD 150 million! Ganfeng Lithium Provides Financial Support to Joint Venture] On June 12, Ganfeng Lithium issued an announcement regarding the provision of financial support and related-party transactions to a joint venture. The company or its holding subsidiary agreed to provide financial support of no more than AUD 150 million to the joint venture, Mt Marion Lithium Pty Ltd (hereinafter referred to as "Mt Marion Lithium"), primarily for the daily operations of its Australian Mt Marion spodumene project. The fixed annual interest rate is 7%, with interest paid quarterly and the principal repaid in a lump sum upon maturity.

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