Democratic Republic of Congo Lithium Iron Phosphate Battery Company

4 FAQs about [Democratic Republic of Congo Lithium Iron Phosphate Battery Company]

Is there a lithium-tin project in the DRC?

The Manono lithium-tin project in the DRC. (Image courtesy of AVZ Minerals.) China’s Zijin Mining Group Co. aims to start producing lithium in the Democratic Republic of Congo early next year from one of the world’s largest deposits of the battery metal.

Will Zijin start producing lithium in the Democratic Republic of Congo?

(Image courtesy of AVZ Minerals.) China’s Zijin Mining Group Co. aims to start producing lithium in the Democratic Republic of Congo early next year from one of the world’s largest deposits of the battery metal. Zijin is accelerating activity at a site in southeast Congo that’s still claimed by AVZ Minerals Ltd.

Is Rio Tinto interested in lithium?

Rio Tinto Group has engaged in discussions with the Democratic Republic of Congo (DRC) about developing one of the world’s largest hard rock lithium deposits, signaling the miner’s growing interest in battery metals.

Why are Chinese companies investing in Africa''s lithium resources?

Chinese companies including Zijin are investing heavily in Africa’s lithium resources from Mali to Zimbabwe, even after prices slumped almost 90% from a peak in 2022. They are seeking to lock down feedstock for refineries at home in anticipation of soaring future consumption of the metal.

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