UK lithium miner sells majority stake to Chinese holding

23.01.2023

nother UK-listed miner has welcomed Chinese capital as companies turn abroad for cash hunting for raw materials to fuel the electric vehicle industry.

Kodal Minerals (KOD) will give Chinese firm Hainan Group a 51 per cent of its Bougouni mine in Mali in exchange for $100mn (£81mn). The company will also take a 15...