Skip to main content
The Markets by Proactive
Go to Proactive Australia

Archive

Kodal Minerals’ CEO explains how its latest funding will advance the Bougouni lithium project

Kodal Minerals’ CEO explains how its latest funding will advance the Bougouni lithium project

Bernard Aylward talks Proactive through the plans for its Bougouni lithium asset in Mali following a £3mln fundraise this week.

Major shareholder Suay Chin backed the funding, which will pay for more geotechnical work to help move the project towards a final investment decision, said Aylward.

“We are in a position to bring a project into development delivering into an industry where there's a significant and growing supply gap currently.

“We only see the lithium market continuing to grow.”