• Industrial heart

    Industrial heart

    Zimbabwe is growing its status as a battery-minerals hub.

    The country has given the nod to a project to set up a US$2.8 billion battery-minerals park in Mapinga, which will process metals including lithium, platinum and nickel, according to Mining.com.

    Scheduled for completion in 2025, the 30 km2 to 50 km2 park – a joint project between Hong Kong Eagle International Investments and Pacific Goal Investments – will reportedly include a US$450 million lithium-salt plant, a US$1 billion nickel-sulphate plant and a US$500 million nickel-chromium alloy smelter.

    In addition, two 300 MW power plants each costing US$250 million are planned to provide electricity to the various refineries.

    27 September 2022
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