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In response to Reuters, Chinese language mining giants and lithium ion battery materials producers Zhejiang Huayou Cobalt, Sinomine Useful resource Group and Chengxin Lithium Group acquired a number of lithium mine and have bagged tasks price a mixed $678 million in Zimbabwe and are at varied levels of growing mines and processing vegetation.
Zimbabwe is on observe to turn out to be one of many world’s largest lithium exporters and the federal government expects that it’ll meet 20% of the world’s complete demand for lithium when it absolutely exploits all recognized lithium assets.
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