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Kodal Minerals Foresees Minor Production Delay

Kodal Minerals Foresees Minor Production Delay

Kodal Minerals (GB:KOD) has released an update.

Kodal Minerals has announced potential minor delays in production at its Bougouni Lithium Project in Mali, with first production possibly shifting from late 2024 to early Q1 2025 due to heavy rainfall and transportation delays. Despite these setbacks, the open pit mining is ahead of schedule with ore stockpiling progressing, and civil construction works are over 90% complete. Negotiations with the Mali Government for the mining license transfer are ongoing with positive developments.

For further insights into GB:KOD stock, check out TipRanks’ Stock Analysis page.

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