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Maroc Maroc - iafrica.com - A La Une - 22/Jan 06:34

Zimbabwe Bets on Lithium Price Recovery to Justify $270M Project

Zimbabwe’s Kuvimba Mining House is set to finalize a $270 million lithium project deal with two Chinese companies this month, despite recent lithium price declines. The deal involves building a 600,000 metric-ton-per-year lithium concentrator in Sandawana, Zimbabwe. Kuvimba Mining’s CEO, Trevor Barnard, revealed that the decision is based on projections that lithium prices will recover.… 

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