Tag: Zhejiang Huayou
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China’s Zhejiang Huayou Cobalt Unit to Build 70 MW Solar Plant to Power Lithium Processing in Zimbabwe
Zimbabwe-based Prospect Lithium, a unit of Chinese mining giant Zhejiang Huayou Cobalt, announced that it will begin construction on a new 70 megawatt off-grid solar facility that will be used to power early-stage lithium processing. The company invested $400 million to build ...
WEEK IN REVIEW: Chinese President Xi Jinping Invites Russian President Vladimir Putin to Third Belt and Forum
Chinese President Xi Jinping invited Russian President Vladimir Putin on Tuesday to attend the third Belt and Forum that will take place later this year. Xi's invitation followed a pledge to “significantly increase” trade between the two countries by 2030. Russia is now China's largest oil supplier. (SOUTH CHINA ...
WEEK IN REVIEW: Heavy Rains Are Once Again Pounding South Africa’s KwaZulu-Natal Province
Heavy rains are once again pounding South Africa's KwaZulu-Natal province, no doubt causing serious concern among mining companies in neighboring Zambia and DRCongo who rely heavily on the KZN's Port of Durban to export copper and cobalt, mostly to China. Massive floods last month forced the port to ...