China Natural Resources Inc published on 28 February 2023 a press release titled "China Natural Resources Announces Strategic Acquisition of Lithium Mine in Zimbabwe."
China Natural Resources Inc. announced that it has entered into an agreement to acquire Williams Minerals Ltd, which owns the mining permit for a Zimbabwean lithium mine. The Chinese company will acquire all interests in Williams Minerals. Lithium is one of the key ingredients in the manufacture of electric vehicle batteries.
