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Kodal Minerals posts $47M from lithium shipment, advances Bougouni project expansion plans.

Market News
13 Oct 2026
Proactive Investors
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Bullish
Kodal Minerals posts $47M from lithium shipment, advances Bougouni project expansion plans.

Kodal Minerals reported $47 million revenue from its latest lithium shipment at the Bougouni project in Mali, producing 27,234 tonnes of spodumene concentrate in Q3 2026. The company has generated about $142.8 million from four shipments and expects full-year production of 105,000 to 115,000 tonnes. Operational cash flow allowed Kodal Mining UK to fully repay its Hainan loan, reducing financial risk and supporting plans for a Stage 2 expansion to increase production capacity to 230,000 tonnes annually. Despite some mining delays due to equipment and weather, additional resources have been deployed to maintain momentum.

Kodal Minerals' operational update at Bougouni is presented with Pluang's Basic Materials sector data as of Oct 13, 2026 14:11 WIB. Among 62 priced US stocks in this sector, 34 rose and 25 fell today. Notable movers include Avient Corporation (AVNT) at USD 39.02 with a 1-day change of +3.24% and 100% sell order activity, Endeavour Silver Corp (EXK) at USD 8.41 down 2.77% with 100% buy order activity, and Equinox Gold Corp (EQX) at USD 11.16 down 2.28%.

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