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Kodal Minerals ( (GB:KOD) ) has shared an update.
Kodal Minerals has announced its interim results for the six months ending September 2024, highlighting progress in the Bougouni Lithium Project in Mali. The company has nearly completed the construction of the Dense Media Separation processing plant, targeting production in early 2025. Despite weather-related delays, construction has accelerated, and key legal steps have been completed with the Malian government to ensure smooth project operations. Kodal remains financially strong, with significant cash reserves, allowing for continued exploration and growth opportunities.
More about Kodal Minerals
Kodal Minerals is a mineral exploration and development company in the mining sector, focusing on lithium projects with a market emphasis on the growing demand for lithium in electric vehicle batteries.
YTD Price Performance: -6.76%
Average Trading Volume: 58,588,212
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £69.85M
See more insights into KOD stock on TipRanks’ Stock Analysis page.
