Kodal Minerals reports $89M revenue from first three lithium shipments at Bougouni project.

Kodal Minerals announced that its Bougouni lithium project in Mali generated over $89 million in revenue from the first three shipments of spodumene concentrate. The second shipment alone brought in $27.6 million for nearly 19,738 tonnes, while the third shipment of about 20,480 tonnes is currently en route to Hainan, with interim payments already received. Despite security issues in Mali, mining and shipping operations continue smoothly. This revenue highlights rising spodumene prices and growing lithium demand, with the next payment expected after the third shipment arrives in July.