Zimbabwe breaks ground on $300 million lithium project

Map of Zimbabwe

Zimbabwe President Emmerson Mnangagwa oversaw the groundbreaking of a 300 million U.S. dollar spodumene project at the Bikita Minerals mine. It’s hoped the spodumene project will ramp up lithium production and extend the life of Zimbabwe’s oldest mine.

A Chinese firm, Sino Mine, acquired Bikita Minerals and is injecting funds to increase lithium output while extending the life of Bikita Minerals Mine by between 25 to 30 years.

Spodumene is a rock that has very high mineralisation of lithium.

Lithium is increasingly becoming a key mineral worldwide with its demand surging for use in the ceramics industry, mobile phone manufacturing, and the making of automotive batteries.

Masvingo is rich in various minerals including lithium which is found in abundance at Bikita Minerals.

Original article published by The Herald