Zimbabwe Lithium Company (ZLC) is expected to finish its pilot plant and begin lithium concentrates production in Q2 2019, its CEO John McTaggart has said. As demand for lithium is set to rise in the next decade due to its use in electric vehicle batteries, Zimbabwe is hoping to attract capital to its mining sector. Subject to securing funding to finance its first plant, ZLC aims to start producing 4,000 tonnes per month in the second half of next year. The company will also be looking at expanding into other areas such as battery storage and energy storage.
Zimbabwe Lithium Company (ZLC) is expected to finish its pilot plant and begin lithium concentrates production in Q2 2019, its CEO John McTaggart has said. As demand for lithium is set to rise in the next decade due to its use in electric vehicle batteries, Zimbabwe is hoping to attract capital to its mining sector. Subject to securing funding to finance its first plant, ZLC aims to start producing 4,000 tonnes per month in the second half of next year. The announcement follows the resolution of a legal dispute over rights to the Kamativi tailings dump.