Birimian puts cost estimate to Mali lithium project

A scoping study on the Bougouni lithium project, in Mali, has estimated that the project will require a capital investment of $83.4-million for a two-staged development, with the mine life estimated at 13 years. The initial estimated start-up capital is $47.2-million. The Stage 1 operation will involve a one-million-tonne-a-year high-grade openpit mine, which will supply material to a conventional dense media separation (DMS) plant.