Chinese companies including Zijin are investing heavily in Africa’s lithium resources from Mali to Zimbabwe. — Bloomberg
BEIJING: China’s Zijin Mining Group Co aims to start producing lithium in the Democratic Republic of Congo early next year from one of the world’s largest deposits of the battery metal.
Zijin is accelerating activity at a site in southeast Congo that’s still claimed by AVZ Minerals Ltd. The Australian firm has initiated arbitration proceedings against both the government and Zijin as part of its efforts to recover an exploration licence.
