Aug 10, 2019 Pageview:950
John Mc Taggart, managing director of Kamativi Tailings, told Parliament that his company was negotiating with the Zimbabwean-listed miner RioZim to upgrade the Queen's Nickel Smelter, located 120 km west of the capital, to produce lithium carbonate. But if it fails, Kamativi may consider setting up a lithium carbonate factory in Zimbabwe for $150 million.
Kamativi is a joint venture between private company Zimbabwe and the state-owned Zimbabwe Mining Development Corporation, which is currently disposing of tailings piles in Western Zimbabwe.
"We believe there is a large amount of concentrate in the country to ensure the operation of the lithium carbonate plant," Mc Taggart said. Africa, of course, also needs to be prepared for the era of the electric car revolution. "
Mc Taggart also said that the company has a refinery containing up to 19,000 tons of lithium pyroxene concentrate that should be completed by December 2018 and is expected to cost US$ 25 million.
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