Article

On December 15, 2024, Mali's President Assimi Goïta inaugurated the Goulamina lithium mine. The Malian government established the Société de Patrimoine minier du Mali (SOPAMIM) to manage public stakes in mining companies, reflecting a shift towards resource nationalism.

This has strengthened China's position in Mali's mining sector, while challenging foreign players like Barrick Mining and Resolute Mining. The 2023 mining code increases state participation and has led to significant changes in ownership structures, particularly in the Goulamina project, which is now controlled by Ganfeng Lithium.