Kodal Minerals reports first-half 2026 profit as Bougouni

Kodal Minerals reports first-half 2026 profit as Bougouni

Kodal Minerals plc, the West African lithium producer, has announced a return to profitability in the first half of 2026, driven by the successful full commercial production period at its Bougouni lithium operation. For the six months ending June 2026, Kodal reported a £3.50 million profit, reversing a £3.66 million loss from the same period …

Kodal clears Bougouni debt after first six months of production

KODAL Minerals’ Bougouni lithium project generated enough cash in its first full six months of commercial production to clear its project debt, helped by a sharp recovery in lithium prices and strong margins at the Mali operation. The Bougouni operation repaid an initial $13m to holding company Kodal Mining UK (KMUK) during the six months to June. Further payments after the period took the total to $33m, allowing KMUK to repay its Hainan Mining …

Kodal Minerals Swings to £3.5m Profit as Bougouni Generates Strong Cash Flow

Kodal Minerals (AIM: KOD) reported a £3.50 million profit for the six months ended 30 June 2026, compared with a £3.66 million loss in the same period last year, asRead More...