{"id":76670,"date":"2023-04-14T11:29:25","date_gmt":"2023-04-14T09:29:25","guid":{"rendered":"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/lithium-exports-can-surpass-gold-says-zida-ceo"},"modified":"2023-04-14T14:10:16","modified_gmt":"2023-04-14T12:10:16","slug":"lithium-exports-can-surpass-gold-says-zida-ceo","status":"publish","type":"post","link":"https:\/\/www.africa-press.cc\/zimbabwe\/all-news\/lithium-exports-can-surpass-gold-says-zida-ceo","title":{"rendered":"Lithium Exports Can Surpass Gold, Says ZIDA CEO"},"content":{"rendered":"

Africa-Press – Zimbabwe. <\/strong><\/span>Zimbabwe Investment and Development Agency (ZIDA) chief executive officer Tafadzwa Chinamo believes lithium exports can earn more foreign currency for the country than gold as more investors express eagerness to venture into lithium mining and beneficiation.<\/p>\n

In an interview with NewsDay recently, Chinamo said a lot of investment is going into lithium. He said:<\/p>\n

Investor interest is definitely there as you shall see from the (soon-to-be-released investment) figures.<\/p>\n

There were a lot of investments, a lot of inquiries, and a lot of licences issued by ZIDA dominated obviously by mining.<\/p>\n

Lithium is the buzz (word) these days, so a lot of investment is going in there.<\/p>\n

The trend continued in 2023 if not at a faster pace so there is definitely interest.<\/p>\n

If we do the entire value chain of lithium, I don\u2019t see why it can\u2019t surpass gold.<\/p>\n

If you are processing it to those levels or much, much, more then definitely it will be a major export.<\/p>\n

Annually, gold generates more than US$1 billion in export revenue, according to official statistics.<\/p>\n

Lithium is a key component of electric vehicle (EV) batteries, hence the increase in lithium interest.<\/p>\n

Zimbabwe\u2019s lithium deposits are located in Arcadia, Goromonzi and Kamativi.<\/p>\n

The leading lithium miners in Zimbabwe are Chinese firms Zhejiang Huayou Cobalt, Sinomine Resource Group, and Chengxin Lithium Group.<\/p>\n

The Chamber of Mines of Zimbabwe says the country is expected to produce 54 500 tonnes of lithium in 2023, a 9% increase over last year\u2019s 50 000 tonnes.<\/p>\n

For More News And Analysis About Zimbabwe<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Zimbabwe. Zimbabwe Investment and Development Agency (ZIDA) chief executive officer Tafadzwa Chinamo believes lithium exports can earn more foreign currency for the country than gold as more investors express eagerness to venture into lithium mining and beneficiation. In an interview with NewsDay recently, Chinamo said a lot of investment is going into lithium. […]<\/p>\n","protected":false},"author":84,"featured_media":76669,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,6],"tags":[1493,2189,4820,1141,19,7418],"class_list":{"0":"post-76670","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-all-news","8":"category-economy","9":"tag-africa-press","10":"tag-africa-press-zimbabwe-2","11":"tag-lithium","12":"tag-zida","13":"tag-zimbabwe","14":"tag-zimbabwe-investment-and-development-agency"},"yoast_head":"\nLithium Exports Can Surpass Gold, Says ZIDA CEO - zimbabwe<\/title>\n<meta name=\"description\" content=\"Zimbabwe Investment and Development Agency (ZIDA) chief executive officer Tafadzwa Chinamo believes lithium exports can ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/lithium-exports-can-surpass-gold-says-zida-ceo\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Lithium Exports Can Surpass Gold, Says ZIDA CEO\" \/>\n<meta property=\"og:description\" content=\"Zimbabwe Investment and Development Agency (ZIDA) chief executive officer Tafadzwa Chinamo believes lithium exports can ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/lithium-exports-can-surpass-gold-says-zida-ceo\" \/>\n<meta property=\"og:site_name\" content=\"zimbabwe\" \/>\n<meta property=\"article:published_time\" content=\"2023-04-14T09:29:25+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-04-14T12:10:16+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/zimbabwe\/sites\/14\/2023\/04\/postQueueImg_1681455575.32.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1920\" \/>\n\t<meta property=\"og:image:height\" content=\"1080\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/lithium-exports-can-surpass-gold-says-zida-ceo\",\"url\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/lithium-exports-can-surpass-gold-says-zida-ceo\",\"name\":\"Lithium Exports Can Surpass Gold, Says ZIDA CEO - 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