President Zimbabwe unveiled the upgrade and reconstruction project of Chinese -funded lithium ore

Author:Xinhuanet Time:2022.06.18

Xinhua News Agency, Haralay, June 17 (Reporter Zhang Yuliang) President of Zimbabwe, Mandina Gulva, was unveiled on the 17th to the country's largest lithium -ore ore upgrade and transformation project.

China Enterprise China Mining Resources acquired Biki Tower Mine in January this year. It plans to invest 200 million US dollars to transform, build new processing production lines, etc. to improve production efficiency and create more employment opportunities for the local community.

At the unveiling ceremony of Mnarta Gulva, the Tianjin government cherishes the willingness of Chinese -funded enterprises to invest in Jin. In recent years, many Chinese enterprises have invested in infrastructure, minerals, agriculture, and communications in Zimbabwe, and have achieved "win -win" investors and local communities. He welcomes more Chinese investors to invest in Jinjin.

Mandagogva said that through investment from international capital such as China, Zimbabwe can fully develop lithium resources and help the country to achieve the goal of "2023 mining output value in 2023". He also hopes that investors will help Zimbabwe to improve the development level of the manufacturing industry, create more added value of the industry, and contribute to the development of global green energy.

Bickea Mine is located in Zimbabwea Minswino Province, about 320 kilometers from the capital Harary. The mine has been controlled by Western mining companies for many years and is on the edge of bankruptcy due to poor operation. According to the person in charge of China Mine Resources, after the completion of the upgrade project, the annual output value of the Kida Mine is expected to reach US $ 600 million, and add more than 1,000 jobs to the local community.

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