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Labrish
Nyuuz
Zimbabwe builds $400m lithium plant
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[QUOTE="Munyaradzi Mafaro, post: 66528, member: 636"] Zimbabwe plans to launch Africa's first lithium sulfate facility in January as part of a 400 million dollar project that transforms raw minerals into battery components. Information Minister Jenfan Muswere told reporters after a cabinet session on Tuesday that Prospect Lithium Zimbabwe will operate three production lines at the Goromonzi site. The initial line starts operations next month, with the remaining units beginning in April. The plant will process 1.5 million tonnes of concentrate annually to produce 80,000 tonnes of lithium sulfate for electric vehicle batteries and manufacturing applications. Officials expect the facility to employ more than 1,000 workers and generate 320 million dollars in yearly sales. The investment strengthens the nation's position in global supply chains for electric transport technology. Ministers also approved the creation of an intellectual property committee led by the justice ministry. The panel will coordinate patent and trademark policy across 11 government departments to eliminate duplication and align with international agreements. [/QUOTE]
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Labrish
Nyuuz
Zimbabwe builds $400m lithium plant
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