China expands influence in Sahel's lithium mining amid Mali junta's new strategies - PRESS AI WORLD
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China expands influence in Sahel's lithium mining amid Mali junta's new strategies

share-iconMonday, January 06 comment-icon2 weeks ago 9 views
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lemondeLEMONDE
China expands influence in Sahel's lithium mining amid Mali junta's new strategies

Credited from: LEMONDE

  • Assimi Goita, the leader of Mali's junta, inaugurated a new lithium production plant on December 15.
  • The facility is located in Goulamina, approximately 150 kilometers from Bamako, and aims to address the junta's financial challenges.
  • The project is backed by Ganfeng Lithium, a Chinese firm that will use the extracted lithium for battery production in China.
  • Since taking power, the junta has restructured the mining industry, implementing a new mining code that includes state ownership and higher taxes.
  • These changes are part of the junta's strategy to enhance control over the mining sector and increase revenue.

Read more: Le Monde

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