Tuesday, February 6, 2024

Zimbabwe Needs to Maximize Value from China's Lithium Investments

 African Arguments published on 23 January 2024 a commentary titled "Zimbabwe Looks to China to Secure Place in EV Battery Supply Chain" by Andrew Mambondiyani, journalist based in Zimbabwe.  

Chinese companies have invested over $1.4 billion to access Zimbabwe's lithium reserves, the largest in Africa.  If it is not careful, Zimbabwe will squander this wealth because of regulatory gaps, human rights abuses, illegal trade, and corruption.  Zimbabwe has made it easy for China to exploit mining in the country.  It needs to process locally more of the lithium rather than export raw ore.