PSC mentioned. ZIMBABWE is targeting to produce 10 percent of...

PSC mentioned.

ZIMBABWE is targeting to produce 10 percent of the world’s lithium output in the next four years, banking on anticipated huge investment towards its attraction, amid growing global demand for the mineral.
This comes on the back of an upsurge in investor enquiries on lithium.
Mines and Mining Development Minister Winston Chitando revealed this during the two-day Zimbabwe Mining Investment Conference 2018, which ended in Harare yesterday.
The conference attracted top mining companies from across the globe.
The remarks by Minister Chitando come at a time when several deep-pocketed investors are targeting Zimbabwe’s lithium assets.
Already, Government – through the Zimbabwe Mining Development Corporation (ZMDC) – said it had struck a deal with a foreign investor to exploit lithium deposits worth up to $1,7 billion.
“We do have, probably one of the latest minerals – the new kid on the block – lithium,” Minister Chitando told delegates yesterday.
“We now, as a country, have witnessed phenomenal interest in the extraction of lithium. There is a huge dump in the Kamativi area, which will generate about $1,7 billion.

www.herald.co.zw/zim-targets-10pc-of-global-lithium-output/