Namibia, a sparsely populated country located in southwestern Africa, is gaining global attention for its abundant reserves of lithium, a key element in the burgeoning green energy revolution. Lithium, often referred to as "white gold," plays a crucial role in the production of lithium-ion batteries, powering electric vehicles (EVs) …

Zerttew Holdings is exploring for lithium in Zimbabwe and plans to eventually establish a battery value chain in the country, Zerttew co-founder Valentine …

Zim lithium boom. Zimbabwe's lithium production has witnessed an astonishin­g 1 300 percent surge since the country's foray into the battery metal industry five years ago, according to the Treasury. In 2023, lithium output reached a remarkable 882 000 tonnes, a significan­t leap from the 63 000 tonnes produced in 2019.

"This marks a pivotal milestone as we expand our operations to meet the growing global demand for lithium, essential in producing batteries for electric vehicles and renewable energy storage systems," the company stated in its exchange filing. Deccan Gold Mines' Mozambique unit plans to increase shipments to nearly 1,000 tonnes per month ...

The AIM-listed company is focused on advancing its RHA tungsten and Zulu lithium projects in Zimbabwe. It underscores the importance of meeting essential operational needs at both the corporate and project levels, especially as it considers options for progressing the Zulu project. ... DRC President Highlights Mineral Wealth as Key to …

Tsingshan, the world's top producer of stainless steel and nickel with a new steelworks in Zimbabwe, is expanding its presence in lithium mining and has a …

Zimbabwe's producing Bikita Spodumene Lithium Mine, is ranked the 5th largest global supplier of lithium, petalite and tantalite, with estimated ore reserves of 29.41 million tons. Over the 12-month period to September …

Africa is one of the new frontiers in a race for battery metals, and lithium – sometimes referred to as 'white gold' – is one of the most sought-after commodities. Global Witness investigated three …

Zimbabwe is known for abundant deposits of platinum group metals (PGMs), gold and lithium. "The issue of costs continue to dampen the spirit of profitability," said Isaac Kwesu, COMZ's chief ...

A steady decline in prices of key metals such as lithium and platinum group of metals since early 2022, fuelled by slowing economic activities in China and other advanced economies, is threatening ...

The plant opened by Prospect Lithium Zimbabwe, an arm of Chinese company Zhejiang Huayou Cobalt, can process 4.5 million metric tons of hard rock lithium into concentrate for export per year, the Associated Press reported. "Lithium is the mineral of the present and the future…and value addition will position our country as an …

New Levy on Lithium. Zimbabwe's government, as part of its national budget for 2024, has introduced a new tax regime affecting the lithium mining sector. Finance Minister Mthuli Ncube announced a 1% levy on the gross proceeds from lithium mining. This tax is part of a broader initiative to bolster the country's economy. Funding Urban …

Zimbabwe boasts a highly diversified mineral resource base, featuring close to 40 exploitable minerals that include platinum group metals (PGMs), chromium, gold, coal, diamonds, lithium, manganese, iron ore, …

A spike in lithium prices through 2021 and 2022 fueled a wave of investment by Chinese companies in African production. The metal has since plunged more than 80% after supply increased while sales ...

Exploiting Africa's Largest Lithium Deposits. With the largest lithium deposits in Africa, Zimbabwe is on track to become a key player in the global lithium market. Experts believe that the country could potentially meet 20% of the world's lithium demand, given its extensive reserves. Zero Net Emissions Drive and Economic Growth

Key Developments in the Lithium Market. Zimbabwe's role in the lithium market has grown considerably since 2021. Despite almost a 90% drop in global lithium prices, driven by oversupply and reduced EV demand, Chinese firms are still eager to secure raw materials for domestic refineries. Investment Plans and Market Projections

Global Interest Grows in African Sustainable Mining. ... This email was sent by Battery Metals Africa, Boundary Rd, Honeydew, Johannesburg, 2000, South Africa . info@batterymetalsafrica ... Premier African Minerals Raises £550,000 for Zimbabwe Lithium Project Development;

Prospect Lithium Zimbabwe (PLZ), a subsidiary of China's Zhejiang Huayou Cobalt Limited, has invested over US$700 million in acquiring and establishing a processing plant at its Arcadia Lithium Mine in Goromonzi District, Mashonaland East Province. This investment signifies a major commitment to the development of the …

Zimbabwe is projected to significantly increase its lithium production to 1.1 million tonnes in 2024, capitalizing on its vast lithium reserves. This marks a …

Zimbabwe to Meet 20% of Global Lithium Demand. As the global economy shifts to net-zero solutions, the demand for lithium – among other minerals necessary for the production of many clean …

Boasting the sixth largest lithium reserves globally and representing one of Africa's biggest producers of the commodity, Zimbabwe is poised to play a crucial role in advancing the global energy transition …

Over the five years to 2022, production from Zimbabwe decreased by a CAGR of 9.18% and is expected to rise by a CAGR of 31% between 2023 and 2027. GlobalData uses proprietary data and analytics to provide a complete picture of this market in its Global Lithium Mining to 2030 report. Buy the report here.

As construction progresses and production begins, the global mining community will be watching closely to see how this bold investment shapes the future of lithium supply and Zimbabwe's role in ...

By investing in lithium battery manufacturing and fostering international collaborations, Zimbabwe can enhance its industrial base, create jobs, and contribute to the global …

ZIMBABWE'S lithium concentrat­e output grew by 16 percent to 132 196 tonnes in the second quarter of this year, driven by an increase in producers. ... the global metal prices except for gold, have in recent years remained subdued, impacting adversely on production the world over. ... Lithium prices have plummeted on the global markets …

Zimbabwe's efforts have attracted over $1 billion in investment from Chinese companies such as Zhejiang Huayou Cobalt and Sinomine Resource Group. These investments focus on processing lithium to concentrate stage for further refinement in China, demonstrating the country's growing importance in the global lithium supply chain.

Chinese mining firm Huayou Cobalt has kickstarted trial production at the Arcadia Lithium Mine, located in the Mashonaland province in Zimbabwe. The mine is expected to produce 50,000 tons of lithium carbonate once fully operational, with the start of trial production commencing after 300 days, using approximately 3,000 workers.

The global demand for lithium, a mineral which is abundant across Zimbabwe, has raised hopes that its mining, beneficiation and export could transform …

In Zimbabwe, lithium miners including Sinomine Resource Group's Bikita Minerals, have been forced to cut production and lay off workers as the impact of weak …

Critical metals exploration and development company MetalsGrove Mining Limited (ASX: MGA) has entered into strategic agreements to acquire six, contiguous, and highly prospective lithium-tin-tantalum claims in Zimbabwe. The company's wholly owned subsidiary MetalsGrove Global Limited (MGG) has executed agreements with two local …