Zimbabwe: Trial Production Commences at Arcadia Lithium Mine

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April 21, 2023

The project is Huayou Cobalt’s largest single investment initiative in Africa and is set to expand Zimbabwe’s lithium production as the country targets to become a $12 billion mining industry by the end of 2023.

The launch of the trial follows Huayou Cobalt acquiring the mine from Australian mining firm Prospect Resources in a $422 million deal in 2022, investing $300 million in equipment installation, infrastructure development and manpower to build a facility with the capacity to process 4.5 million tons of lithium ore at the mine.

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Nicholas Nhede

Nicholas is an energy sector journalist with a passion on how technology and diversification of the energy mix can be used to address energy sector challenges. Nicholas holds a diploma in Journalism and Communication studies and has been covering energy-related topics including the Internet of Things, distributed energy and digitalisation since 2015.

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