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Zimbabwe’s Premier African Minerals said it had finished building a lithium processing plant at its Zulu mine in Zimbabwe. The plant is expected to start production of spodumene concentrate later this week
Zimbabwe’s Premier African Minerals said it had finished building a lithium processing plant at its Zulu mine in Zimbabwe. The plant is expected to start production of spodumene concentrate later this week. Lithium ore, commonly referred to as spodumene, has high concentration of lithium, which is a key component in the production of batteries for electric vehicles.
The plant has the capacity to produce nearly 50,000 tonnes of spodumene concentrate annually. The company signed a US$35 million deal last year with China’s CanMax Technologies for exports.
Zimbabwe holds some of the world’s biggest hard-rock lithium deposits. It has recently attracted about US$700 million in investment from several Chinese firms, including CanMax, which also bought a 13.38% stake in Premier last year, Zhejiang Huayou Cobalt,Sinomine Resource Group and Chengxin Lithium Group. Huayou commenced trial production from its Arcadia lithium project 40 kilometers (24.85 miles) outside Zimbabwe’s capital Harare.
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The plant, which entailed an investment of US $300 million, has the capacity to process 4.5 million tonnes of lithium ore. It can produce 50,000 tonnes of lithium carbonate equivalent lithium concentrate.
