Who is Hainan/Fosun, the Chinese firm with majority in Kodal Minerals’ Bougouni lithium mine?
In a complex financial operation, the mining subsidiary of the Fosun conglomerate is contributing more than $117 million to secure control of the British mining junior Kodal and its project in Mali. It is a testimony to the effervescence, much of it Chinese, that reigns over African lithium.
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▪ Who is Hainan/Fosun, the Chinese firm with majority in Kodal Minerals’ Bougouni lithium mine?
▪ In a complex financial operation, the mining subsidiary of the Fosun conglomerate is contributing more than $117 million to secure control of the British mining junior Kodal and its project in Mali. It is a testimony to the effervescence, much of it Chinese, that reigns over African lithium.
▪ https://www.africabusinessplus.com/en/814563/who-is-hainan-fosun-the-chinese-firm-with-majority-in-kodal-minerals-bougouni-lithium-mine/
The directors of the London-listed junior mining company Kodal Minerals, managing director Bernard Aylward, described the financial and capital reinforcement of the Chinese company Hainan Mining for its lithium project in Bougouni, Mali, 150 km south of Bamako as “decisive”.
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