IN BRIEF: Kodal Minerals reports below-budget Bougouni production
Kodal Minerals PLC - West Africa-focused mineral explorer and developer - Updates on activities at the Bougouni Lithium project. Reports quarterly production of 26,174 dry metric tonnes of spodumene concentrate grading 5.34% lithium dioxide in the three months ended June 30, for year-to-date production of 53,195 DMT. Says the stage 1 dense media separation processing plant performed below budget in May due to maintenance and breakdown issues, but that operations returned to normal throughput in June. Kodal also notes that a third shipment of approximately 20,400 DMT of spodumene concentrate arrived at Hainan port on June 27, with USD34.4 million already received for 95% of the estimated final value. Expects a fourth shipment of approximately 24,200 DMT to arrive in late August. Read More