Kodal expects Mali permit soon to export 27,000 tons of stockpiled lithium
The delays have come against a backdrop of declines in global lithium production - potentially by 228,000 tons this year - as miners curtail operations in the face of falling prices for the metal used in electric vehicle batteries.
"Discussions with the government of Mali on finalising the export permit for spodumene concentrate produced at Bougouni are continuing as planned and it is expected the permit will be received in the near future," Kodal said, adding that the company has a positive relationship with the Mali government.
Chief Executive Bernard Aylward is in the West African country reviewing operations, which the company says continue normally.
Kodal, which launched production in February, has agreed to sell its entire output to China's Hainan Mining, Aylward has told Reuters.
"We're spending money to produce a product that we want to sell ... Our buyer actually wants to buy it, we can't export," he told Reuters this month.
Mali, better known as a gold producer, is seeking to develop its significant lithium reserves at a time when its military-led government is asserting more control over the mining sector in an effort to generate more revenue.
Military authorities have arrested foreign executives of other multinational miners and seized minerals stocks while conducting negotiations with the companies.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
The National
2 hours ago
- The National
Turkey aims to export 900MW of electricity to Syria by first quarter of 2026
Turkey plans to export about 900 megawatts of electricity to Syria by the first quarter of 2026 as part of its plans to help boost the latter's rebounding economy, the Turkish minister of energy and natural resources has said. Syria's northern territory is already receiving nearly 300MW of power from its neighbour and the "first step over the next few weeks" is to raise this to 360MW, Alparslan Bayraktar said in an interview with Sky News Arabia on Tuesday. The "ultimate goal" is to increase the capacity available from Birecik in Turkey to Aleppo by an additional 500MW over the next few months, he said. "There are things needed to be done in the Syrian territory for this interconnection but beginning in the first quarter of 2026 ... we will be able to supply almost 900MW of direct electricity exports to Syria," he added. Turkey is positioning itself to be a key ally of Syria, which is emerging from a years-long economic struggle underpinned by a costly civil war. After the regime of Bashar Al Assad was toppled in December, the situation in Syria has been improving, with western sanctions lifted this year. Gulf states, including the UAE, are moving quickly to invest in Syria's post-Assad future, offering diplomatic, financial and infrastructure support. Last week, Turkey began the first deliveries of natural gas from Azerbaijan to Syria through the Turkish province of Kilis, part of a two-billion-cubic-feet-per-year pledge from Ankara in May. "We are looking for reliable, long-term [power] supply for Syria," in addition to potash and potential liquefied natural gas supplies, Mr Bayraktar said. Meanwhile, Turkey is optimistic it will be able to continue on with its half-century-old oil pipeline deal with Iraq following last month's move to end the partnership, the minister said. The Kirkuk-Ceyhan oil pipeline, in place since 1975, will expire on July 27, 2026. Ankara announced an end to it on July 21, but it swiftly came up with a new proposal to establish a broader agreement that Iraq said it was considering. Turkey wanted to "change one thing – to fully utilise" the 970km pipeline to allow the smoother flow of crude and help Iraq's economy, Mr Bayraktar said. Iraq's oil "goes to global markets through the Gulf of Basra and Strait of Hormuz, and we have witnessed in the last few weeks when Israel attacked Iran, the blockage of the Strait of Hormuz might affect all these oil transport and exports", he said. "I think it's also good for Iraq to diversify its export routes; Iraq has huge potential for production – Northern Iraq [especially] has huge potential."
Zawya
4 hours ago
- Zawya
Global Advisory Firms, Energy Institutions Join MSGBC Oil, Gas & Power 2025
As West Africa accelerates energy expansion through large-scale infrastructure, oil, gas, mining and renewable energy developments, the role of advisory firms and strategic partners has become increasingly vital. As such, the upcoming MSGBC Oil, Gas&Power 2025 conference and exhibition – taking place in Dakar from December 9-10 – will feature key players in the sector, underscoring the platform's role as a key meeting place for regional collaboration and investment. Taking place under the theme Energy, Petroleum and Mining in Africa: Synergy for Inclusive Economic Development, MSGBC 2025 will convene governments, national oil companies, investors and private sector leaders for two days of high-level dialogue, technical sessions and deal-making. With energy at the cornerstone of the region's economic future, the conference serves as a critical platform to foster cooperation and unlock shared growth across Mauritania, Senegal, The Gambia, Guinea-Bissau and Guinea-Conakry. Explore opportunities, foster partnerships and stay at the forefront of the MSGBC region's oil, gas and power sector. Visit to secure your participation at the MSGBC Oil, Gas&Power 2025 conference. To sponsor or participate as a delegate, please contact sales@ As a strategic advisory firm specializing in integrated infrastructure, energy and mining across the African continent, Africa International Advisors (AIA) works closely with governments, development partners and private sector clients to structure bankable projects and unlock investment. This year, AIA Partner Henry Gilfillan and Associate Partner Lwandle Fakazi will bring valuable insights to the event, drawing on the firm's experience in utility-scale renewable power, gas-to-power initiatives, transmission infrastructure and public sector reform within energy institutions. The firm will host a dedicated workshop on the event's pre-conference day, taking place on December 8, which is expected to provide practical guidance on project preparation and financing. Business management consultant Conjuncta GmbH is currently leading the development of a $34 billion green hydrogen project in Mauritania, in collaboration with renewable energy company Infinity Power and investment agency Masdar. The project – one of the largest of its kind in Africa – is set to deliver up to 10 GW of electrolyzer capacity and is a cornerstone of Mauritania's efforts to become a competitive exporter of green fuels and clean energy. As a speaker, Stefan Liebing, CEO, Conjuncta GmbH, is expected to drive discussions around the potential for green hydrogen in supporting industrialization and clean energy exports in West Africa. Liebing is participating in the From Vision to Reality: How Will Hydrogen Shape Africa's Landscape session, which aims to explore green hydrogen's role in transforming the continent's energy future. Representing global data and analytics provider S&P Global Commodity Insights, Director of Energy&Natural Resources Jennifer Jumbe will also speak at the event. The firm continues to provide critical market intelligence to investors and policymakers across the MSGBC basin, recently covering major developments in Senegal's upstream sector – including the first crude cargoes from the Sangomar oilfield – and has partnered with Energy Capital&Power (ECP) to expand market access and transparency across Africa's energy landscape. Rita Madeira, Africa Program Officer-West and Southern Africa, International Energy Agency (IEA) has also been confirmed to speak at MSGBC 2025. The IEA plays a vital role in supporting African countries on policy alignment, energy security and clean energy transitions. Following Senegal's accession as an IEA association country in 2023, the agency has deepened its engagement with regional partners, offering policy support, technical assistance and analytical collaboration. 'The participation of top-tier global advisors and institutions – whose expertise spans project finance, legal advisory and energy infrastructure – at this year's event underscores growing international confidence in the region's energy expansion. This exciting lineup of speakers reinforces our mission to facilitate bankable deals, targeted knowledge-sharing and cement regional partnerships,' states Sandra Jeque, Project Director, ECP. Distributed by APO Group on behalf of Energy Capital&Power.
Zawya
5 hours ago
- Zawya
Strategic Alliances Propelling Egypt's Gold Sector Growth Ahead of African Mining Week (AMW) 2025
Egypt is advancing partnerships with global investors to expand its estimated 7.3 million tons of gold reserves and production capacity. These partnerships fall under the country's Vision 2030 strategy to increase the mining sector's contribution to GDP from the current 1% to 5%. Amidst a target to increase gold production to 800,000 ounces by 2030, the upcoming African Mining Week (AMW) – Africa's premier gathering for mining stakeholders – will connect global stakeholders with burgeoning prospects within Egypt's gold sector. Sukari Mine Expansion In April 2025, the Egyptian Mineral Resources Authority signed an agreement with mining firm AngloGold Ashanti to expand gold production at the Sukari Mine. The mine produced 40,000 ounces in 2024, generating $61 million in revenue. The deal also allows further exploration of gold ore and associated minerals in the Eastern Desert and marks a strategic shift after AngloGold acquired the mine from Centamin in 2024. Shalateen Gold&Silver Industrial Complex Another major development advancing the growth of Egypt's gold industry is the construction of the Shalateen Gold&Silver Industrial Complex. Developed by the Shalateen Mineral Resources' Company – a joint venture of the Egyptian government and international investors - the £700 million open-pit mine comprises two phases. The first phase is set to launch in 2025 and the second phase by May 2026. The project targets to exploit 15 million tons of gold reserves and will feature integrated processing facilities and 168 supporting industrial operations. Gold Exploration Partnerships Meanwhile, Egypt is expanding its exploration initiatives through a series of strategic partnerships. In July this year UK-based Nubia Mines Company announced it would soon publish plans for gold production following promising exploration outcomes in the Um Rus Block and Aswan Concession areas. Egypt also signed a cooperation agreement with Centamin to fast-track exploration of new sites using modern environmental and technical standards in the same month. The agreement also paves the way for cooperation on upskilling of local talent. With Canadian firm Aton Resources, Egypt is advancing its gold development efforts in the Abu Marawat concession while continuing exploration to uncover further reserves. Amidst these developments and growth in Egypt's gold industry, AMW will connect Egyptian mining policymakers and stakeholders with global investors for partnership formations and deal signings. Distributed by APO Group on behalf of Energy Capital&Power. About African Mining Week: African Mining Week serves as a premier platform for exploring the full spectrum of mining opportunities across Africa. The event is held alongside the African Energy Week: Invest in African Energies 2025 conference from October 1-3 in Cape Town. Sponsors, exhibitors and delegates can learn more by contacting sales@
