The Novum Times

Lithium Sector Leads Big Increase in Chinese Investment into Zimbabwe

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The Novum Times
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Licenses issued by the Zimbabwean government could lead to $2.79 billion in Chinese investment flowing into the country. The funding will mostly go to the mining and energy sector.

Zimbabwe has one of the largest deposits of lithium in the world and recently banned the export of raw ore. This has forced some of the mostly Chinese companies operating there to invest in refining facilities, as well as in power infrastructure to run them.

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