Namibia, Zimbabwe gear up to keep more profits from lithium boom

1 month ago NewZimbabwe.com

“We are going to insist that all lithium mined within the country has to be processed in the country.”Africa’s lithium production is set to rapidly increase this decade. Prices for lithium more than doubled last year as demand from the electric vehicle industry outstripped supply. In December, Zimbabwe imposed a ban on raw lithium exports, a measure aimed at stopping the smuggling of lithium ore and spurring mines to process in the country. The company’s Ewoyaa mine project is set to be the first lithium producer in the West African country. US firm Piedmont Lithium has signed a deal to get 50% of the lithium produced.
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