Technical FAQs 4

Why is China launching a lithium processing plant in Zimbabwe?

(AP Photo/Tsvangirayi Mukwazhi) HARARE, Zimbabwe (AP) — A Chinese mining company formally opened a $300 million lithium processing plant Wednesday in Zimbabwe, which has one of the world’s largest reserves of the metal as demand surges globally because of its use in electric car batteries.

Is lithium a big deal in Zimbabwe?

A Chinese mining company on Wednesday commissioned a $300 million lithium processing plant in Zimbabwe. Zimbabwe has one of the world’s largest reserves of the metal, which has seen a surge in demand globally due to its use in batteries in electric cars. (AP Photo/Tsvangirayi Mukwazhi)

Which companies are developing a lithium mine in Zimbabwe?

Chengxin Lithium Group Co. and Sinomine Resource Group Co. are setting up a joint venture to explore for the metal in Zimbabwe, while Zhejiang Huayou Cobalt Ltd. plans to invest $300 million to develop its Arcadia lithium mine. “We have done this in good faith for the growth of industry,” Kambamura said.

Where is Zimbabwe's prospect lithium processing plant?

(AP Photo/Tsvangirayi Mukwazhi) Zimbabwean President Emmerson Mnangagwa, center left, arrives on the grounds of Prospect Lithium Zimbabwe’s processing plant in Goromonzi about 80 kilometers southeast of the capital Harare, Wednesday, July 5 2023.

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Lithium power station factory in Zimbabwe

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Jul 6, 2023 · 2 of 11 | An armed soldier stands on the grounds of Prospect Lithium Zimbabwe''s processing plant in Goromonzi about 80 kilometers

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Jul 6, 2023 · 2 of 11 | An armed soldier stands on the grounds of Prospect Lithium Zimbabwe''s processing plant in Goromonzi about 80 kilometers southeast of the capital, Harare,

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