A lithium processing factory worth $1.5 million in Zvishavane, Midlands Province of Zimbabwe, is on the verge of completion, marking a significant increase in high-value investments in the country under the leadership of the Second Republic. The project is being implemented by Chinese investor Zhe Li Mining Investments. The first-phase construction is nearing completion, and it is expected to be officially put into operation next month.
This new lithium processing factory can handle approximately 500 tons of ore per day. It is expected to create a large number of local job opportunities and further boost the regional economic development. As a strategic resource, lithium plays a crucial role in the global renewable energy revolution, especially in the production of electric vehicle batteries and other renewable energy technologies. With the rapid growth of the global demand for lithium, Zimbabwe is expected to reap substantial benefits from it by increasing its foreign exchange earnings, stimulating economic growth, and improving people's livelihoods. (This article is from the official website of Seetao.com, www.seetao.com. No reprinting is allowed without permission. Otherwise, legal liability will be pursued. If reprinting, please indicate Seetao.com + the original text link.) Editor of the Strategic Column of Seetao.com / Yin Shiqian
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