The Goulamina Lithium Project is located in the Bougouni Region of southern Mali, approximately 150 kilometres south of the country’s capital, Bamako.
One of the largest undeveloped hard rock lithium deposits globally, the world-class Goulamina lithium deposit will be West Africa’s first operating lithium mine.
Having completed the original Definitive Feasibility Study (DFS) in 2019, Lycopodium provided a DFS Update in December 2021. Engineering and design and procurement and contracting activities progressed throughout 2022, enabling Lycopodium to transition seamlessly into the execution phase, with the award of the Engineering and Procurement (EP) and associated Project Management (PM) services for Stage 1 of the project in November 2022.
Production is anticipated to commence late 2024.
