Tag: Zimbabwe
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Zimbabwe Commissions Chinese-Built Lithium Plant
Zimbabwe’s President Emmerson Mnangagwa officially opened a new lithium processing facility aimed at moving the country up the mineral value chain. The $300 million plant, run by Bikita Minerals, a subsidiary of China’s state-owned Sinomine, will produce 480,000 tonnes of petalite and 300,000 tonnes of spodumene concentrates annually. ...
Lithium Sector Leads Big Increase in Chinese Investment into Zimbabwe
Licenses issued by the Zimbabwean government could lead to $2.79 billion in Chinese investment flowing into the country. The funding will mostly go to the mining and energy sector. Zimbabwe has one of the largest deposits of lithium in the world ...
Zimbabwe Newest Recipient of China’s Building Diplomacy
China on Thursday formally handed over Zimbabwe’s new $100 million parliament building. The six-floor, 33,000-square-meter complex was fully funded by the Chinese government and framed as “a gift to the people of Zimbabwe.” This use of buildings as a form of ...
Zimbabwe’s Elite Share Their Views on China: What a New Survey Reveals
Across Africa, public opinion about China has been quite positive overall with favorability ratings surpassing those of other major powers, including the United States. But not in Zimbabwe, at least among the country's elites, according to a new survey.
The Starkly Different Responses by the U.S. and China to Zimbabwe’s Controversial Election
The Chinese government said it is "ready to work" with the new (old) Zimbabwean government and claimed that the controversial vote was conducted in "peaceful and orderly fashion." Although Beijing did acknowledge some irregularities in last week's balloting, it called on ...
Reminder: China Will Be Central to Clean Tech Supply Chains for a Long Time
Financial Times published a fascinating rundown of China’s ongoing centrality in the mining and refining of critical minerals. These minerals, which include lithium, cobalt and nickel, are key to many clean energy applications, from e-vehicle batteries to wind turbines. China’s investments in ...
Chinese Mining Company Launches Africa’s First-Ever Lithium Processing Facility in Zimbabwe
Zimbabwe became the first country in Africa to process locally-mined lithium with the opening of a new Chinese-owned refining facility outside of the capital Harare. Prospect Lithium Zimbabwe, a unit of the Chinese mining giant Zhejiang Huayou Cobalt, formally commissioned the ...
Veteran Chinese Diplomat is New Envoy to Zimbabwe
China's new envoy to Zimbabwe, Zhou Ding, presented his credentials to President Emmerson Mnangagwa last week to become the second Chinese ambassador in Africa (after Zhao Bin in the DRC) to take up their post this year. Zhou, like Zhao, comes ...
Chinese Merchants Are Disrupting Kenya’s Business Cartels
In the old days, a small group of Kenyan elites dominated the business of importing low-cost products from China that they would then turn around and sell for two or three times the cost. But that once-lucrative business is now under ...
Chinese Company Targets Zimbabwe’s Solar Power Generation Amidst Crippling Blackouts
The China Energy Engineering Corp. has propositioned the Zimbabwean government for the construction of a 1,000-megawatt (MW) floating solar plant on the Kariba dam along the Zambezi River. At nearly $1 billion, the project will be on the world’s largest man-made ...
How Far Ahead Is China in the Battery Race? Pretty Far.
China is sprinting ahead in the global race for critical minerals used to make batteries for electric cars, leaving Western competitors scrambling to catch up. Chinese companies’ early investment into the extraction of lithium and cobalt in Africa was key to this success, according to a detailed new report by ...
The Chinese Embassy in Zimbabwe Takes Aim at Remarks by Washington’s Ambassador-Designate to Harare
The Chinese embassy in Zimbabwe published a blistering response to comments made by U.S. Ambassador-designate Pamela Tremont during her Senate confirmation hearings last week in Washington, D.C. During questioning, Tremont was pressed by senators to contrast China's engagement in Zimbabwe with ...