Construction of Bougouni is near completion, and the project achieved first lithium spodumene concentrate product in February 2025. The project is owned and operated by Kodal Mining (UK) Ltd (KMUK) in which Kodal has a 49% interest.
Highlights:
Bernard Aylward, CEO of Kodal Minerals, remarked:
“I am pleased to confirm that the ramp-up and optimisation of the project and DMS processing plant is progressing and, positively, we are seeing ongoing improvements through the modifications and adjustments to the DMS processing plant as advancements continues.
“The team has created a considerable stockpile of spodumene concentrate ready for transport and sale, equivalent to the first month of expected production. We are continuing to increase the stockpile, which provides confidence in the ability of the operation to meet the proposed production schedule of 11 000 t of concentrate per month.
“Additionally, the company continues to assist KMUK in its work with the Mali Government for the transfer of the mining licence to KMUK’s local subsidiary, LMLB. The update of LMLB’s company structure to include the Mali Government’s shareholding has been completed and all necessary compliance has been approved by the Ministers of Mining and Finance. We look forward to receiving sign off from the President of Mali shortly, marking the successful completion of the transfer.”
Read the article online at: https://www.globalminingreview.com/mining/08042025/kodal-minerals-provides-mining-licence-transfer-and-project-update/
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