Mali inaugurates second lithium mine, solidifying its position as a key producer
The President of Mali, General Assimi Goïta, inaugurated the second lithium mine of the country in Bougouni on Monday, November 3, 2025, marking a significant step in the national strategy to harness mineral resources and assert economic sovereignty.
The ceremony gathered the highest authorities of the Nation, including the President of the CNT, the Ministers of Mines and Economy, alongside diplomatic representatives and technical partners, underscoring the project’s strategic importance for national development.
With an initial investment of $65 million, the first phase of the project is set to produce 120,000 tonnes of spodumene concentrate annually.
Combined with the output from the Goulamina mine, the total lithium production of Mali is projected to reach 590,000 tonnes by 2026, positioning the country as Africa’s leading producer.
The mine has already created 500 local jobs, with an additional 800 expected in its second phase.
It is poised to significantly boost public finances through taxes, royalties, and dividends, while also contributing to several mining funds dedicated to local development and infrastructure.
This achievement embodies the transition authorities’ vision for a sovereign and socially beneficial mining sector, demonstrating the capacity of Mali to leverage its natural resources to generate sustainable economic and social dividends for its people.
Neil CAMARA
