Zimbabwe Seals $310M Deal to Build Lithium Concentrator
Despite falling lithium prices, the country keeps attracting foreign investments in its lithium sector. On July 18, the state-owned company Kuvimba Mining announced a $310
Zimbabwe Lithium is a development company with an experienced executive mining team, complemented by financial and capital markets experts. The company is focused on finding and acquiring battery metals projects amenable to low-cost processing. The flagship project is the Kamativi Tailings Lithium Project.
Home Blog Zimbabwe's Lithium Sector and Zimbabwe is rapidly positioning itself as a dominant force in the global lithium supply chain, bolstered by the state-owned Kuvimba Mining House's announcement to begin construction on a landmark $270 million lithium concentrator at its Sandawana mine in the third quarter of 2025.
Zimbabwe, which produced 2.4 million tons of lithium concentrate in 2024—more than tripling its 2023 output—is banking on Sandawana to further raise national capacity to 3.26 million tons in 2025. This project also marks a new phase in Zimbabwe's industrial policy, which pivots from raw material exports to value-added processing.
Zimbabwe currently does not refine lithium, but exports concentrates to China for further processing. The company did not name the investors, only saying they were "leading foreign British and Chinese companies in the global lithium market". Kuvimba said the build-operate-transfer arrangement would lapse after six years.
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