Make Kitco Your Homepage

African lithium company files enviro impact statement

Kitco News

Editor's Note: Get caught up in minutes with our speedy summary of today's must-read news stories and expert opinions that moved the precious metals and financial markets. Sign up here!

Kodal Minerals, which is developing its Bougouni Lithium Project in southern Mali, said today that it filed its environmental and social impact assessment.

Kodal envisions an open-pit mine with a 10-year-life utilizing a 1Mtpa processing plant producing approximately 130,000 tonnes of concentrate per annum.

The company said the filing of the ESIA represents the first step in obtaining a mining license.

"The ESIA comprises of an overarching Project review and assessment as well as specialist environmental baseline studies, which have already commenced, and is combined with the community consultation process, which has been successfully completed," said Bernard Aylward, CEO of Kodal Minerals in a statement. "The ongoing support we have received from the Mali Government and local community has been very encouraging and demonstrates the significant interest in our Project's development."

The company is now focused on completing its feasibility study.

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.