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flag A $400 million lithium plant in Zimbabwe, backed by China’s Huayou Cobalt, aims to start production in early 2026, supporting the country’s push to process lithium locally and ban raw exports by 2027.

flag A $400 million lithium sulphate plant in Zimbabwe, operated by China’s Zhejiang Huayou Cobalt under Prospect Lithium Zimbabwe, is on track to begin production in early 2026, with the first phase expected by January and full operations by April. flag The facility, part of a broader government push to boost local processing, will convert lithium concentrate into battery-grade material, supporting Zimbabwe’s goal to ban raw lithium exports by 2027. flag The project includes a 70MW power station and is part of a larger strategy to increase value addition and attract investment in the mining sector.

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