Indian company targets 40 million tonnes of Zimbabwe lithium in $100 million push
Indian critical-minerals company Lohum plans to invest $100 million in Zimbabwe after securing rights to 10 mining blocks estimated to contain between 30 million and 40 million tonnes of lithium-bearing ore.
Can Africa seize its moment in the race for critical minerals?
The intensifying global competition for critical minerals could be a transformative moment for Africa.
Lithium miners post big profits as battery storage demand surges
Chile’s SQM raised its production guidance for this year, while China’s Chengxin Lithium Group Co. unveiled plans to spend more than $476 million building lithium-sulfate plants in Zimbabwe and Nigeria.
Sinomine secures additional Zimbabwe lithium export quota
Sinomine Resource Group has secured an export quota for an additional 300,000 metric tons of lithium concentrate from Zimbabwe, the company has said.
Indian billionaires challenge China for gold, lithium and telecom wealth in Africa
India’s richest people are growing their work in Africa, putting billions into areas like mining, mobile phones, factories, and clean energy.
Zimbabwe half-year lithium exports up 230pct
Zimbabwe exported lithium products worth $782-million in the first six months of 2026, up from $237-million during the same period last year, Finance Minister Mthuli Ncube said.
AfDB approves US$114 million loan to support Africa’s first EV battery gigafactory
The African Development Bank (AfDB) has approved a €100 million ($114 million) loan to support the development of Africa’s first electric vehicle battery gigafactory in Morocco, marking a major milestone in the continent’s efforts to build its own clean energy manufacturing industry.
Chinese firms help Zimbabwe secure $300 million for lithium mine
Mutapa Energy Resources, Zimbabwe’s state-owned lithium miner, has secured $300 million from a group of companies, which includes Chinese entities, to develop its facilities in the southern African nation.
Congo begins first-ever lithium exports to China
A new report has revealed that China’s mining company, Zijin has started exporting lithium concentrate from its Manono project in the Democratic Republic of Congo. The shipments mark the first time the African country has exported lithium.
Zimbabwe’s sole lithium salt plant unable to process third-party metal, official says
Zimbabwe’s sole lithium sulphate plant, owned by China’s Zhejiang Huayou Cobalt (603799.SS), opens new tab, currently has no capacity to process minerals from other producers, an official said on Friday ahead of a concentrate export ban next year.