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  4. Kodal Minerals announces completion of transfer of Bougouni Lithium Project Mining Licence

Kodal Minerals announces completion of transfer of Bougouni Lithium Project Mining Licence

Published by , Editorial Assistant
Global Mining Review,

Kodal Minerals, the mineral exploration and development company, has announced that the Foulaboula exploitation permit (Mining Licence) has been approved for transfer from Future Minerals SARL to the mining company Les Mines de Lithium de Bougouni (LMLB), a subsidiary of Kodal Mining UK Limited.

The Mining Licence is the key permit at the flagship, fully-funded Bougouni Lithium Project in Southern Mali.

The transfer is effective immediately and it confirms that the licence remains in good standing. Discussions are continuing to finalise the necessary permitting for the export of the spodumene concentrate produced at the project, and the company expects to begin export in the next quarter.

Kodal Minerals confirms that all compliance issues for the inclusion of the Government of Mali as a shareholder in the mining company LMLB have been finalised and approved prior to the transfer being authorised.

Read the article online at: https://www.globalminingreview.com/mining/22042025/kodal-minerals-announces-completion-of-transfer-of-bougouni-lithium-project-mining-licence/

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This article has been tagged under the following:

African mining news Lithium mining news