Chinese mining firm begins phase one of its Mali lithium mine, targeting 506,000 tons annually to strengthen battery supply.
The Goulamina project, located 93 miles south of Bamako, is one of the world’s largest untapped hard rock lithium reserves.One of the world’s largest lithium deposits, the mine is estimated to be explored for over 23 years. Ganfeng Lithium announced the launch of the first phase of its Goulamina lithium mine in southern Bougouni in mid-December, according to a Chinese online news outlet.
Now, the Mali government plans to acquire a 35 percent stake in the Goulamina mine, with 10 percent granted for free and 25 percent purchased. According to the South China Morning Post , once completed, Ganfeng Lithium will hold 65 percent, while the Mali government retains the remaining share. Conventional lithium extraction methods, such as mining hard-rock ores and extracting from brines, are energy-intensive, emit greenhouse gases, and cause environmental damage. These methods highlight the need for sustainable alternatives.
China Clean Energy Climate Change Electric Vehicles EV Lithium Lithium-Ion Battery Mali Mining
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