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Bougouni lithium project
Bougouni is well positioned to capitalise on the widely forecast lithium hydroxide and lithium carbonate shortages which are expected by 2023.
These acquisitions strengthen Kodal’s ability to negotiate value accretive development opportunities and financing structures.
AIM-listed Kodal Minerals has released an updated JORC mineral resource estimate for the company’s 450 km2 Bougouni lithium project in Mali.
AIM-listed mineral explorer and developer Kodal Minerals has negotiated an agreement which gives the company exclusive rights to explore and an option to acquire two new concessions totalling 200 km2 within 25 km of the advanced Bougouni lithium project in Southern Mali.
Kodal Minerals has spent the past 18 months on an accelerated development plan at its 90%-owned Bougouni lithium project in Mali.