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Kodal Minerals is set to become the first company listed on the London Stock Exchange to produce lithium in West Africa, it has announced. In an update, Kodal revealed that its Bougouni Lithium Project in Mali had progressed significantly towards production, and was due to go online in Q4 2024. The project’s progress has been made possible by a $117.75mn funding package from Hainan Mining Co., facilitating the development of Stage 1. This financial support also includes an additional $17.75mn investment in Kodal Minerals for exploration. Kodal holds a 49% ownership stake in the project, while …

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