BIKITA Minerals plans to invest up to US$500 million on a new lithium smelter, stepping up local processing despite a sharp fall in global metal prices.
But the company has a few home truths for Zimbabwe – lithium is not as rare as many here think, and the country may lose out on its lithium hopes if it does not fix costs and policy to compete with other emerging producing countries.
The mine is Zimbabwe’s oldest lithium operation. – Wires