Kodal Minerals (GB:KOD) has released an update.
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Kodal Minerals PLC has amended an agreement with Suay Chin International to terminate a right of first refusal on spodumene from its Bougouni Lithium Project, now settling the termination fee in three payments. The arrangement aligns with a prior funding package and paves the way for Kodal to finalize an offtake agreement with Hainan Mining Co. Ltd for the sale of spodumene at market prices, subject to shareholder approval.
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