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Kodal Minerals

Kodal Minerals is a mineral exploration and development company focused on lithium and gold projects in West Africa. The company is headquartered in the United Kingdom and maintains a primary listing on the London Stock Exchange's AIM market. Its flagship asset is the Bougouni lithium project in southern Mali, which contains spodumene mineralisation and represents one of the region's significant hard-rock lithium deposits. Kodal Minerals has been advancing the Bougouni project through feasibility studies and permitting processes, positioning it as a potential future supplier of lithium concentrate to the battery supply chain. The company has entered into strategic partnerships with Chinese mining groups to secure funding and offtake arrangements for its projects. Kodal Minerals also holds gold exploration licences in Mali, though lithium development remains its core focus. The company was founded in 2011 and has since concentrated its efforts on building a portfolio of battery metals and precious metals assets in sub-Saharan Africa. Its operations are subject to the regulatory and political environment of Mali, including mining code requirements and government participation frameworks.

Kodal Minerals News


Kodal CEO Bernard Aylward
Kodal to explore Ghana lithium project
19th October 2026 By: Sabrina Jardim

Aim-listed Kodal Minerals has entered into a binding agreement with Ghanaian mining consultancy GH Geo-Consult Limited (GGCL) in relation to the Asamankese lithium project, in Ghana. Under the... 


Bernard Aylward
Kodal monitoring Bougouni processing plant improvements following lower Q2 output
17th July 2026 By: Sabrina Jardim

Aim-listed Kodal Minerals has reported that the spodumene production result for the second quarter ended June 30 was below management’s budget, mainly owing to maintenance and breakdown issues with... 


Location map of the Bougouni project
Bougouni lithium project, Mali – update
8th May 2026 By: Sheila Barradas

The project remains unaffected by recent security incidents and unrest in parts of Mali. 


Bernard Aylward
Kodal continues operations in Mali, maintains project interest
5th May 2026 By: Sabrina Jardim

Aim-listed Kodal Minerals has reported that, following recent security incidents and unrest in parts of Mali, the Bougoini lithium project remains unaffected, with operations continuing as usual.... 


Location map of the Bougouni project
Bougouni lithium project, Mali – update
17th April 2026 By: Sheila Barradas

Kodal Minerals’ maiden shipment of lithium spodumene concentrate (vessel capacity) was loaded onto a dedicated bulk cargo vessel at the Port of San Pedro, in Côte d’Ivoire, in November 2025. 


An image of Kodal CEO Bernard Aylward
Kodal reports good progress at Bougouni
14th April 2026 By: Tasneem Bulbulia

Aim-listed Kodal Minerals has produced 26 981 t of spodumene concentrate, grading 5.28% lithium oxide, from its joint-owned Bougouni lithium project, in Mali, for the three months ended March 31.... 


Location map of the Bougouni project
Bougouni lithium project, Mali – update
5th December 2025 By: Sheila Barradas

Kodal Minerals’ maiden shipment of 28 950 t of lithium spodumene concentrate is bound for the destination port in Hainan province, in China. 


An image of Kodal Minerals CEO Bernard Aylward
First shipment from Kodal’s Bougouni project departs San Pedro port
1st December 2025 By: Tasneem Bulbulia

Aim-listed Kodal Minerals’ maiden shipment of 28 950 t of lithium spodumene concentrate (vessel capacity) has completed loading onto a dedicated bulk cargo vessel at the Port of San Pedro, in Côte... 


Location map of the Bougouni project
Bougouni lithium project, Mali – update
7th November 2025 By: Sheila Barradas

Operations at the site continue as usual following recent press speculation concerning security developments in and around the capital of Bamako. 


Kodal CEO Bernard Aylward
Mali President, dignitaries officiate Bougouni lithium project launch
4th November 2025 By: Sabrina Jardim

Aim-listed Kodal Minerals has announced the official opening of the Stage 1 Bougouni lithium project, in southern Mali, by Mali President General Assimi Goïta in a ceremony held on November 3. The... 


Kodal’s Bougouni project continues despite Bamako concerns
3rd November 2025 By: Tasneem Bulbulia

Aim-listed Kodal Minerals says operations at the Bougouni lithium project in southern Mali, located about 180 km from Bamako, continue to run as usual. This follows recent press speculation... 


 Bougouni DMS plant
Bougouni lithium project, Mali – update
24th October 2025 By: Sheila Barradas

The first truckloads of lithium spodumene concentrate have left the Bougouni project. 


An image of Kodal Minerals CEO Bernard Aylward
First truckloads of concentrate departs from Kodal’s Mali project
20th October 2025 By: Tasneem Bulbulia

The first truckloads of lithium spodumene concentrate have left Aim-listed Kodal Minerals’ Bougouni lithium project, in southern Mali, and are completing final customs formalities before being... 


A mine truck operating at Allied Gold's Sadiola mine
Mali announces more new mining deals under revised code
22nd September 2025 By: Reuters

Mali has approved seven agreements granting the State more revenue from international and local mining companies in the latest push by the military government to extract more income from the... 


Kodal CEO Bernard Aylward
Kodal receives export permit for Bougouni lithium project
4th September 2025 By: Sabrina Jardim

Aim-listed Kodal Minerals has received the export permit for the spodumene concentrate produced at its Bougouni lithium project, in southern Mali, for an initial 125 000 t of spodumene concentrate,... 


A Mali soldier on patrol
Security guard dies in attack at Kodal's Bougouni mine
26th August 2025 By: Creamer Media Reporter

London-listed Kodal Minerals has confirmed the death of a security guard employed at its Bougouni lithium mine, in Mali, following an attack by assailants on motorcycles on August 22. "Military... 


Site map of the Bougouni project
Bougouni lithium project, Mali – update
15th August 2025 By: Sheila Barradas

Large stockpiles of spodumene concentrate are mounting on site. 


Kodal's Bougouni mine site
Kodal readies Bougouni site for first exports of stockpiled spodumene concentrate
6th August 2025 By: Marleny Arnoldi

While Aim-listed Kodal Minerals continues to finalise the requirements for an export permit in Mali, large stockpiles of spodumene concentrate are mounting on site at its Bougouni lithium project.... 


Image of lithium ore
Bougouni lithium project, Mali – update
4th July 2025 By: Sheila Barradas

Kodal Minerals has signed an offtake agreement for the spodumene concentrate produced by the Stage 1 dense-media separation processing plant. 


Kodal signs offtake agreement for Bougouni concentrate
30th June 2025 By: Sabrina Jardim

London-listed Kodal Minerals has signed an offtake agreement for the spodumene concentrate produced by the Stage 1 dense media separation (DMS) processing plant at its Bougouni lithium project, in... 


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pqt: 0.085s - ct: 0.144s - 275pq - 2rq
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