https://www.miningweekly.com

Kodal granted mining licence for flagship Bougouni project

8th November 2021

By: Creamer Media Reporter

     

Font size: - +

Aim-listed Kodal Minerals has been granted a mining licence for its flagship Bougouni lithium project, in Mali.

The project is now fully permitted for development.

"The granting of the mining licence for Bougouni has come at a great time for Kodal, with the increasing global focus on battery metals and the recognition of potential supply deficits highlighting the value of our fully permitted Bougouni lithium project," says CEO Bernard Aylward.

Kodal in January 2020 published a feasibility study for Bougouni and is now undertaking a programme of work that will lead to an updated feasibility study that it expects will support a decision to mine.

"Our initial study highlighted very robust fundamentals, but the world of battery metals has shifted significantly in this time, and during 2021 alone, we have seen lithium prices and demand surge. The timing of Kodal's permitting and potential development timeline highlight how well positioned our Bougouni project is to capitalise on the widely forecast lithium hydroxide and lithium carbonate shortages which are expected by 2023.

"We are looking forward to the construction phase of this project and we are confident of achieving support to finance the capital required for our target of development of the first lithium mine in Mali," Aylward notes.

 

Edited by Chanel de Bruyn
Creamer Media Online Managing Editor

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Showroom

Vikela Aluvin (Pty) Ltd
Vikela Aluvin (Pty) Ltd

Complete range of security sealing solutions including security seals bags and labels.

VISIT SHOWROOM 
Sweet-Orr
Sweet-Orr

Sweet-Orr, established in 1871, is a global leader in superior protective workwear, known for quality, innovation, and performance.

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Magazine round up | 31 July 2026
Magazine round up | 31 July 2026
31st July 2026

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.046 0.066s - 110pq - 2rq
Subscribe Now