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Precious metals: inauguration of the Goulamina lithium mine in southern Mali

20/12/2024
Source : ORISHAS FINANCE
Categories: Raw materials

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The Goulamina lithium mine was officially inaugurated in southern Mali, the Malian head of state Assimi Goïta. It was December 16 last year.

The inauguration of the Goulamina lithium mine represents a colossal investment of around 400 billion CFA francs and could well transform Mali's economic landscape, making the country a key player in the mining sector at the regional level. The Goulamina mine has a production potential of at least 8.5 years. According to the forecasts of the Malian Ministry of Mines, this exploitation could generate annual revenues in excess of 100 billion CFA francs. The inauguration of this lithium mine in Goulamina therefore marks a turning point for Mali, which is seeking to diversify its sources of income and strengthen its role in the global economy.

Through this inauguration, the country intends to establish itself as a leader in the production of lithium in West Africa, a metal crucial for batteries for electric vehicles and electronic devices, key elements of the global energy transition.
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