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An update from Kodal Minerals ( (GB:KOD) ) is now available.
Kodal Minerals has successfully installed and operationalized a power generation plant at its Bougouni Lithium Project in Southern Mali, marking a significant milestone towards the full commissioning of its Dense Media Separation (DMS) processing plant. This advancement, fully funded through a US$117.5 million investment, positions Kodal to commence commercial lithium production by the first quarter of 2025, enhancing its standing as a potential first London-listed lithium producer in West Africa.
More about Kodal Minerals
Kodal Minerals is a mining and mineral exploration company listed on the AIM market. It focuses on the development of lithium projects, with its primary operation being the Bougouni Lithium Project in Southern Mali. The company is aiming to become a leading lithium producer in West Africa.
YTD Price Performance: -8.70%
Average Trading Volume: 61,076,545
Technical Sentiment Consensus Rating: Hold
Current Market Cap: £85.04M
For an in-depth examination of KOD stock, go to TipRanks’ Stock Analysis page.
