Kodal Minerals (AIM: KOD), the West African lithium producer and mineral exploration and development company, notes the recent press speculation concerning security developments in and around the capital of Bamako.
At present, operations at the Bougouni Lithium Project in Southern Mali (“Bougouni Project” or “Project”), which is located circa 180km from Bamako, continue to run as usual. We recently successfully commenced trucking of our spodumene concentrate product to the port of San Pedro in Cote d’Ivoire carried out by a Malian transportation contractor. So far, just over 10,000t of spodumene concentrate has been transported to the port ready for shipping with more trucks arriving daily.
In addition, management are currently on site for a scheduled presidential inauguration of the Bougouni Project.