here is the leader in West Africa with 30% of the shares in a mine – La Nouvelle Tribune

THE Mali has succeeded in establishing itself as a major player in the mining sector in West Africa and particularly in the area of lithium. Thanks to the future mine of Goulamina, the country should soon become the leading producer of lithium in West Africa, thus opening new economic and industrial prospects.

The Goulamina mine, located in the region of Bougouni, in southwest Mali, is home to significant lithium reserves. This ore is highly sought after because it is used in the manufacture of batteries used in electric vehicles, electronic devices and energy storage systems. With the growing demand for electric vehicles and renewable energy globally, lithium has become a strategic element in the transition to a cleaner and more sustainable economy.

According to forecasts, Mali should establish itself in 2024 as the leading producer of lithium in the West African region, thanks to the exploitation of the Goulamina mine. This mine, developed by a group of investors, benefits from the support of the Malian government, which recently obtained a stake of 30% in the project thanks to the new mining code in force.

With the old mining code, the State’s shares in the mine were 20%. This measure aims to guarantee greater participation of the Malian state in the exploitation of the country’s mineral resources and to maximize economic benefits for the local population. The Malian government has made numerous efforts to enforce the new mining code which is much more advantageous for the country.

Discussions with investors were intense, but in the end, the State emerged a winner. The growth of the lithium mining sector in Mali offers many economic and industrial opportunities for the country. In addition to generating significant revenue for the State and mining companies, lithium exploitation will stimulate the development of infrastructure and services in mining regions. This will create jobs and business opportunities for local communities.

Additionally, Mali is well positioned to become a regional hub in the lithium value chain, developing local processing capabilities and attracting investment in battery manufacturing plants and other lithium-related industries. This strategy will help diversify the national economy.

However, the primary authorities must ensure that they have a meticulous right to review issues related to the environmental protection, the rights of local communities and transparency in the governance of natural resources. It is therefore crucial that the Malian government and mining sector stakeholders work closely together to ensure that lithium mining benefits all Malians, while preserving the country’s natural resources for future generations.



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