Kodal Minerals PLC (AIM:KOD) CEO Bernard Aylward talked with Proactive's Stephen Gunnion about the company securing export permits for the Bougouni lithium project in Mali, marking a major milestone as the project transitions toward becoming a producing operation.
Aylward said, “It's another step towards us being a true producer, where we're exporting our product and selling it to the end user.” He highlighted strong cooperation with the Malian government, the Ministry of Mines, the Ministry of Finance, and the local community, noting that the authorisation reflects the positive attitude toward the project.
The permit allows for the export of 125,000 tonnes of spodumene concentrate. According to Aylward, exports could begin within a month once final administrative steps are completed. He explained that infrastructure and customs processes are already in place, with trucking contracts signed and mobilisation set to begin soon.
Aylward also discussed the offtake agreement with Hainan Mining, which is tied to the Shanghai Metal Market Reference price. He emphasised that this ensures a transparent and independent benchmark for sales, designed to secure the best possible price for the company’s product.
The interview coincided with the Africa Down Under conference in Perth, where Aylward noted strong investor interest in lithium and mining opportunities across Africa.
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