Hainan Mining secures spodumene supply from Bougouni lithium project
2025-07-01 16:30:45 [Print]
Hainan Mining Co., Ltd. has signed an offtake agreement with its subsidiary, Le Mines de Lithium de Bougouni (LMLB), to purchase all spodumene produced from the Phase I of Bougouni lithium project for a period of four years, starting from the date LMLB obtains its export permit.
LMLB is a wholly-owned subsidiary of Kodal Mining UK, which is majority-owned by Hainan Mining. The company holds the mining license for the Bougouni project in Mali. Phase I includes a 1.4 million-tonne-per-annum processing plant, which is expected to produce 100,000 to 120,000 tonnes of spodumene concentrate annually, with Li2O grades above 5.5%.
LMLB is a wholly-owned subsidiary of Kodal Mining UK, which is majority-owned by Hainan Mining. The company holds the mining license for the Bougouni project in Mali. Phase I includes a 1.4 million-tonne-per-annum processing plant, which is expected to produce 100,000 to 120,000 tonnes of spodumene concentrate annually, with Li2O grades above 5.5%.
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