Mali: Focus on the inauguration of Africa’s largest lithium mine

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Under the leadership of President Assimi Goita, Mali has made a significant leap in its economic development with the inauguration of Africa’s largest lithium mine this Sunday. Located in the Bougouni region, about 150 kilometers from Bamako, the mine represents a substantial investment of 318 million dollars.

The mine is set to produce 500.000 tons of spodumene concentrate annually, a key raw material for lithium-ion batteries. This infrastructure places Mali on the map as a strategic player in the renewable energy sector. Lithium is essential in the global energy transition, and its demand continues to rise worldwide.

This project aligns with the Malian government’s broader vision to diversify its mining resources, which have traditionally been dominated by gold. The exploitation of this mine is expected to not only generate significant revenue for the state but also stimulate the local economy, creating jobs and developing infrastructure in the Bougouni region.

The inauguration marks a decisive turning point for Mali, which aspires to become a continental leader in the lithium industry. It also reflects the country’s commitment to leveraging its natural resources to drive sustainable growth and enhance its economic sovereignty.

Read also: Mali: H.E. Assimi GOÏTA inaugurates the Goulamina lithium mine, an opportunity for the national economy

Karim Koné

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