Lycopodium (ASX:LYL) has announced a contract to provide Engineering and Procurement and associated Project Management services for the Goulamina lithium deposit, worth $22.7M

Lycopodium says the Stage 1 deposit in one of the largest undeveloped hard rock lithium deposits globally, is located in the Bougouni region of southern Mali, near the country?s capital Bamako.

The company, with offices in Australia, South Africa, Canada, Ghana, and the Philippines, says previous work supplied for Goulamina transitioned seamlessly into this contract.

Lycopodium also says it strengthens its position as a leading partner in the design and delivery of battery metals projects, and that this one will be West Africa?s first operating lithium mine.