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Africa

Africa: Zimbabwe, Africa’s Largest Lithium Producer Approves U.S.$1.59 Billion in New Investments As Mining and Manufacturing Take Nearly 80 Percent

eriinfo.com3 days ago07 mins

By Ayodeji Adegboyega | Business Insider Africa ZIMBABWE approved US$1.59 billion worth of new investment projects in the second quarter of 2026, with mining and manufacturing absorbing nearly 80% of the proposed capital as the southern African country intensifies its push to build an industrial economy around its vast mineral resources. The Zimbabwe Investment and…

Lithium prices soar after Zimbabwe suspends exports

eriinfo.com6 months ago02 mins

Dado Ruvic/Reuters Lithium prices in China surged on Thursday after Zimbabwe suspended raw mineral exports, sparking concerns over supply disruptions, at a time when growing energy storage demand is projected to drive a boom in the market. The most traded lithium carbonate contract on the Guangzhou Futures Exchange jumped 6.07% to C¥178 020 (US$26 043.45) a metric…

Lithium prices surge as Zimbabwe halts mineral exports

eriinfo.com6 months ago03 mins

Lithium prices in China spiked on Thursday following Zimbabwe’s sudden suspension of raw mineral exports. The move has ignited significant supply chain anxieties at a critical juncture, as the rapidly expanding energy storage sector continues to drive a massive market boom. Read: Samsung launches Galaxy S26 and S26+ with refined design The impact was immediately…