The Bougouni Project is developed under the management of Kodal Mining UK Limited (KMUK), a joint venture where Hainan Group holds a 51% stake and Kodal Minerals plc owns the remaining 49%. KMUK's Malian subsidiary, Les Mines de Lithium de Bougouni SA (LMLB), has been established to hold the Bougouni mining licence and operate the mine.

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