George Fang, executive vice president of Huayou Cobalt, told Reuters in September that the company was looking to invest in lithium mining and processing, as China’s largest cobalt refiner struggles to ramp up production of lithium. minerals for the electric vehicle (EV) market.
Although Mr. Fang did not disclose the screwed assets, he said Huayou Cobalt is studying, with his partners, the possibilities of exploiting lithium in Africa, Australia, South America and the Western part of the region. China, Tibet.
Zimbabwe is desperate to attract investors to its mining sector, which it says will be the engine of its grim economic recovery. It opened its doors to Chinese companies, which now operate several chrome, coal and gold mines.