Kicking the Pheonix11 Oct 2024 15:44
Chinese miners Zhejiang Huayou Cobalt Co. and Tsingshan Holding Group Co. are defying low lithium prices to develop a deposit of the battery metal with a Zimbabwean state company.
The two firms already operate lithium projects in the southern African country and will complete a study before building a mine and processing plant at Sandawana, in the country’s south, according to the chief executive officer of Kuvimba Mining House, the state-owned firm that owns the asset. Kuvimba had announced the deal in July, without naming the partners.
More activity in Zimbabwe.
Acker