https://en.sputniknews.africa/20240628/mali-poised-to-become-key-player-in-lithium-industry-with-bougouni-mine-new-drilling-results-show-1067276645.html
Mali Poised to Become Key Player in Lithium Industry With Bougouni Mine, New Drilling Results Show
Mali Poised to Become Key Player in Lithium Industry With Bougouni Mine, New Drilling Results Show
Sputnik Africa
The primary use of lithium is in the production of rechargeable lithium-ion batteries, which power a wide range of devices, from smartphones and laptops to... 28.06.2024, Sputnik Africa
2024-06-28T13:44+0200
2024-06-28T13:44+0200
2024-07-01T13:37+0200
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Mali is poised to become a key player in the lithium industry with the Bougouni mine, which is slated to begin production in the fourth quarter of 2024. New drilling results published by UK company Kodal Minerals have revealed significantly larger resources than expected.The findings suggested that the dense media separation plant's lifespan could be extended by four years, potentially boosting total spodumene concentrate production to 585,000 tonnes from 2024 to 2036.Originally projected to produce 125,000 tonnes annually for four years, the plant is now expected to reach 230,000 tonnes per year from 2026, due to the addition of a flotation system.Further promising results from the Boumou prospect on the same site, with ore grades up to 1.74% lithium, exceed expectations.We may soon hear even more positive news regarding lithium mining in the West African country. At the end of May, the government entered into an agreement with China's Ganfeng Lithium to manage one of Africa's largest lithium mines, Goulamina.Under the agreement, the Chinese company will construct a spodumene factory, with production scheduled to commence by the end of this year, as stated by Mali's economy ministry.
https://en.sputniknews.africa/20240518/mali-strikes-deal-with-chinas-ganfeng-to-operate-major-lithium-mine-1066608176.html
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mali, lithium, west africa, economy, united kingdom (uk), mining, technology, digital technology
mali, lithium, west africa, economy, united kingdom (uk), mining, technology, digital technology
Mali Poised to Become Key Player in Lithium Industry With Bougouni Mine, New Drilling Results Show
13:44 28.06.2024 (Updated: 13:37 01.07.2024) Christina Glazkova
Writer / Editor
The primary use of lithium is in the production of rechargeable lithium-ion batteries, which power a wide range of devices, from smartphones and laptops to electric vehicles and energy storage systems. The demand for lithium-ion batteries has surged with the increasing adoption of electric vehicles and the need for renewable energy storage.
Mali is poised to become a key player in the lithium industry with the Bougouni mine, which is slated to begin production in the fourth quarter of 2024. New drilling results
published by UK company Kodal Minerals have revealed significantly larger resources than expected.
The findings suggested that the dense media separation plant's lifespan could be extended by four years, potentially boosting total spodumene concentrate production to 585,000 tonnes from 2024 to 2036.
Originally projected to produce 125,000 tonnes annually for four years, the plant is now expected to reach 230,000 tonnes per year from 2026, due to the addition of a flotation system.
"The Boumou prospect at our flagship Bougouni Lithium Project continues to exceed our expectations, and these new wide, high-grade intersections provide further support for the interpretation of the continuity of the pegmatite mineralization," said Bernard Aylward, CEO of Kodal Minerals.
Further promising results from the Boumou
prospect on the same site, with ore grades up to 1.74% lithium, exceed expectations.
We may soon hear even more positive news regarding lithium mining in the
West African country. At the end of May, the government entered into an agreement with China's Ganfeng Lithium to manage one of Africa's largest lithium mines, Goulamina.
Under the agreement, the Chinese company will construct a spodumene factory, with production scheduled to commence by the end of this year, as stated by Mali's economy ministry.
