The Markets Ledger

China’s Huayou Cobalt to build Zimbabwe lithium carbonate plant

China’s Zhejiang Huayou Cobalt plans to establish a lithium carbonate processing plant in Zimbabwe, said Bloomberg News citing the country’s mines minister. The proposed investment marks a step forward in the government’s push for greater in-country beneficiation of battery materials, the newswire said. “They will be producing lithium carbonate, which is more valued,” Polite Kambamura […]