Industry under pressure as prices fall 80% Zimbabwe set March deadline in November
HARARE (Reuters) - Zimbabwe wants miners to come forward by the end of March with plans to produce battery-grade lithium, despite a sharp fall in global prices for the mineral, a senior government official said.
Africa s top lithium producer Zimbabwe in November gave miners the March deadline to submit plans for the local production of battery-grade lithium, used in electric vehicles and clean energy storage, as it hopes to benefit from a global shift from polluting fuels.
International Business News: Zimbabwe wants miners to come forward by the end of March with plans to produce battery-grade lithium, despite a sharp fall in global prices for the mineral. The government hopes to benefit from a global shift towards clean energy storage. Read more about Zimbabwe's plan for lithium production.
Zimbabwe wants miners to come forward by the end of March with plans to produce battery-grade lithium, despite a sharp fall in global prices for the mineral, a senior government official said on.
Asian stock markets are mostly higher on Wednesday, following the broadly positive cues from global markets overnight, supported by a rebound in commodity prices and bargain hunting.