Search results: lithium

LOCAL mining companies expect to increase mineral output this year on the back of firm international commodity prices, putting them firmly on course to achieving the country’s target of a US$12 billion mining industry next year.For...

Zimbabwe is forecast to have raked in US$6 billion in mineral exports last year, which is a significant milestone in current plans to grow the sector’s contribution to the economy to US$12 billion by 2023, the...

The sale of the Arcadia Lithium Mine to Chinese new energy lithium-ion battery material producer, Zhejiang Huayou Cobalt will see offtaker Sinomine Resource (Hong Kong) International Trading Co. Limited getting US$8 million after Offtake Agreement termination. Rudairo...

The government of Zimbabwe through the Minister of Mines and Mining Development in its quest to achieve an upper-middle-income economy by 2030 has called on the investors to place capital into mining exploration as the country...

The purchase of Arcadia Lithium mine by Chinese giant Zhejiang Huayou Cobalt invoked fiery debate on Mining Zimbabwe’s Facebook page generating over 100+ comments in the first hour of publishing.Many were sceptical of the country’s natural...

China's Zhejiang Huayou Cobalt said on Wednesday it would pay a total US$422 million to acquire the Arcadia hard-rock lithium mine in Zimbabwe.The move marks Huayou's second foray into lithium, a key ingredient in rechargeable batteries,...

The resource extraction sector is confident of attaining the 2022 growth projections of 8 percent as long as Government provides major enablers and immediately resolve matters that weigh down on the miners’ performance.The sector is estimated...

Zimbabwe’s mining sector will, this month, exhibit at the Dubai Mining expo, as part of efforts to lure  more investors into the mining sector, Mines and Mining Development minister, Winston Chitando  has said.The capital intensive mining sector...

ZESA Holdings has threatened to switch off mining houses over a US$37 million legacy debt, which it blames for crippling the power utility’s operational efficiency. Vongai Mbara  Speaking during the recent launch of the 2021 Mining Industry Report...

Local platinum miners are seeking tax holidays on beneficiation projects to stimulate investments into the sector, a recent report says, citing views from a survey of industry executives.  Vongai MbaraThe same concerns have been raised by Lithium...

The Chamber of Mines yesterday released the State of the Mining Industry Report, Prospects for 2022 which shows increased confidence in the sector’s outlook by mining executives. The report, which comes out annually, gives an insight into...

The Ministry of Mines and Mining Development has requested for $8 million to enhance efforts towards the resuscitation of shutdown mines through engagement with investors and relevant stakeholders.  Vongai Mbara Speaking at the 2022 pre-budget seminar that...