As a result, the Hainan Group now holds 14.72% of the issued share capital of the Company. The Funding Transaction also includes a US$100 million investment into Kodal's UK subsidiary company, Kodal Mining UK Limited ("KMUK"), by the Hainan Group, primarily to provide the financing to construct the Bougouni lithium production operation.
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WhatsApp: +86 18221755073Kodal has agreed with Hainan Mining and its wholly owned UK subsidiary Xinmao Investment to provide full funding for the development and begin production at the Bougouni project in Mali. In addition, the funding …
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WhatsApp: +86 18221755073Kodal Minerals has provided an update on the funding package with Hainan Mining Co, announced on 19 January 2023 regarding its Bougouni lithium project.
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WhatsApp: +86 18221755073The company said the project would be located in Dongfang in its home island province of Hainan, in southern China, and would produce 20,000 tonnes per year of lithium …
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WhatsApp: +86 18221755073As announced on the 15 November 2023, Kodal and the Hainan Mining Group ("Hainan") entered into a joint venture development agreement for the Bougouni Lithium …
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