The Zvishavane lithium processing plant, nearing completion at a cost of $1.5 million, will process 500 tonnes of ore daily, starting operations next month. The project emphasizes Zimbabwe’s mineral potential and is expected to boost local employment and economic growth, supported by government initiatives in the lithium sector.
Construction of the lithium processing plant in Zvishavane, owned by Zheli Mining Investments, is nearing completion, with final phases underway. The facility, valued at $1.5 million, has the capability to process 500 tonnes of ore daily and is set to begin operations next month.
Owen Ncube, the Midlands Provincial Affairs and Devolution minister, highlighted the project’s strategic significance. During a recent tour, he noted the potential for enriching the province’s mineral wealth, which includes gold, and its importance for national socio-economic growth, aligning with Vision 2030.
Kudakwashe Zimhondi, the general manager of Zheli Mining Investments, expressed optimism regarding the project’s development. He stated that the installation phase has been completed and a successful dry run has been performed, showcasing promising results. Zimhondi credited the government’s support as crucial for fostering a conducive investment atmosphere.
The completion of the lithium plant is likely to generate job opportunities for the local population, driving economic empowerment and enhancing skills in Zvishavane. Zimbabwe aims to strengthen its role in the global lithium market by attracting significant investments in the sector.
The rising demand for lithium, especially for electric vehicle batteries and renewable energy storage solutions, positions this project as vital in boosting Zimbabwe’s competitiveness in lithium production.
The Zvishavane lithium processing plant represents a significant advancement in Zimbabwe’s mining sector, showcasing the strategic importance of the lithium industry. With the plant nearing completion, it is poised to create local employment opportunities and enhance economic development. The government’s support and rising global demand for lithium further solidify Zimbabwe’s position in the competitive lithium market.
Original Source: africanminingmarket.com
