A financing agreement for the Bouguoni lithium mine located in the administrative region of Sikasso, has been finalised.

The partner company in the deal, Kodal Minerals in a statement confirmed the signing of the 117.75 million US dollars or 71 billion CFA Francs deal.

Hainan Mining, a Chinese firm is at the other end of this agreement and is responsible for developing the project.

Oge Obierika has more in this report.