{"id":78355,"date":"2023-05-29T11:08:09","date_gmt":"2023-05-29T09:08:09","guid":{"rendered":"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/canada-based-miner-ups-interest-in-mutare-lithium-project-to-50"},"modified":"2023-05-29T14:22:46","modified_gmt":"2023-05-29T12:22:46","slug":"canada-based-miner-ups-interest-in-mutare-lithium-project-to-50","status":"publish","type":"post","link":"https:\/\/www.africa-press.cc\/zimbabwe\/all-news\/canada-based-miner-ups-interest-in-mutare-lithium-project-to-50","title":{"rendered":"Canada-based miner ups interest in Mutare lithium project to 50%"},"content":{"rendered":"

Africa-Press – Zimbabwe. <\/strong><\/span>UK Correspondent & Agencies<\/b><\/p>\n

TORONTO-BASED Li3 Lithium Corp. has doubled its interest in Mutare Lithium to 50 percent and taken over operatorship and management of the exploration programme at the project in eastern Zimbabwe.<\/p>\n

The development comes after assumed 100% control of Li3 Resources which had a 50% interest in the Mutare project with the balanced controlled by Premier Africa Minerals.<\/p>\n

Franc\u0327ois Auclair, CEO of Li3 Lithium, has visited the Mutare Project twice since February and believes it has excellent potential for large-scale lithium mineralization.<\/p>\n

\u201cThere are numerous spodumene rich pegmatites visible at surface and the project is adjacent to the large-scale Sabi Star Lithium Mine which recently commenced production,\u201d he said in a company statement.<\/p>\n

\u201cLi3 Lithium is confident about the presence of lithium but what remains to be determined are its tonnage, grade and mineralogy.<\/p>\n

\u201cFor this reason, we have mobilised a full exploration team. An aggressive exploration program on the Mutare Project is now underway with initial results expected in the coming weeks and months.\u201d<\/p>\n

Li3 Lithium is focused on acquiring and developing hard rock lithium assets in Zimbabwe where the founders have significant experience and relationships.<\/p>\n

\u201cAs evidenced by recent market growth, hard rock lithium deposits are forecast to continue to dominate the global supply of lithium given the scarcity, complexity and capital-intensive nature of alternative brine sources,\u201d the company statement added.<\/p>\n

Zimbabwe, which is estimated to hold Africa\u2019s largest lithium resources and the fifth largest globally, is rapidly emerging as an important player within the lithium supply chain.<\/p>\n

Over the past year, major Chinese battery metals companies have committed approximately US$1.4 billion to acquire and develop lithium projects in Zimbabwe.<\/p>\n

In November 2021, Chengxin Lithium Group acquired a 51 percent ownership interest in the Sabi Star Lithium Tantalum Mine for US$76.5 million.<\/p>\n

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

Africa-Press – Zimbabwe. UK Correspondent & Agencies TORONTO-BASED Li3 Lithium Corp. has doubled its interest in Mutare Lithium to 50 percent and taken over operatorship and management of the exploration programme at the project in eastern Zimbabwe. The development comes after assumed 100% control of Li3 Resources which had a 50% interest in the Mutare […]<\/p>\n","protected":false},"author":84,"featured_media":78354,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,6],"tags":[1493,2189,19],"class_list":{"0":"post-78355","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-zimbabwe"},"yoast_head":"\nCanada-based miner ups interest in Mutare lithium project to 50% - zimbabwe<\/title>\n<meta name=\"description\" content=\"UK Correspondent & Agencies TORONTO-BASED Li3 Lithium Corp. has doubled its interest in Mutare Lithium to 50 ...\" \/>\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\/canada-based-miner-ups-interest-in-mutare-lithium-project-to-50\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Canada-based miner ups interest in Mutare lithium project to 50%\" \/>\n<meta property=\"og:description\" content=\"UK Correspondent & Agencies TORONTO-BASED Li3 Lithium Corp. has doubled its interest in Mutare Lithium to 50 ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/canada-based-miner-ups-interest-in-mutare-lithium-project-to-50\" \/>\n<meta property=\"og:site_name\" content=\"zimbabwe\" \/>\n<meta property=\"article:published_time\" content=\"2023-05-29T09:08:09+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-05-29T12:22:46+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/zimbabwe\/sites\/14\/2023\/05\/sm_1685346708.712458.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"533\" \/>\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=\"2 minutes\" \/>\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\/canada-based-miner-ups-interest-in-mutare-lithium-project-to-50\",\"url\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/canada-based-miner-ups-interest-in-mutare-lithium-project-to-50\",\"name\":\"Canada-based miner ups interest in Mutare lithium project to 50% - zimbabwe\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/canada-based-miner-ups-interest-in-mutare-lithium-project-to-50#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/canada-based-miner-ups-interest-in-mutare-lithium-project-to-50#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/zimbabwe\/sites\/14\/2023\/05\/sm_1685346708.712458.jpg\",\"datePublished\":\"2023-05-29T09:08:09+00:00\",\"dateModified\":\"2023-05-29T12:22:46+00:00\",\"author\":{\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/#\/schema\/person\/2e02b5816e71b1149d79877f669a85e4\"},\"description\":\"UK Correspondent & Agencies TORONTO-BASED Li3 Lithium Corp. has doubled its interest in Mutare Lithium to 50 ...\",\"breadcrumb\":{\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/canada-based-miner-ups-interest-in-mutare-lithium-project-to-50#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/canada-based-miner-ups-interest-in-mutare-lithium-project-to-50\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/canada-based-miner-ups-interest-in-mutare-lithium-project-to-50#primaryimage\",\"url\":\"https:\/\/static.africa-press.net\/zimbabwe\/sites\/14\/2023\/05\/sm_1685346708.712458.jpg\",\"contentUrl\":\"https:\/\/static.africa-press.net\/zimbabwe\/sites\/14\/2023\/05\/sm_1685346708.712458.jpg\",\"width\":800,\"height\":533,\"caption\":\"Canada-based miner ups interest in Mutare lithium project to 50%\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/canada-based-miner-ups-interest-in-mutare-lithium-project-to-50#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.africa-press.cc\/zimbabwe\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Canada-based miner ups interest in Mutare lithium project to 50%\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/#website\",\"url\":\"https:\/\/www.africa-press.net\/zimbabwe\/\",\"name\":\"zimbabwe\",\"description\":\"\u0623\u062e\u0628\u0627\u0631 \u064a\u0648\u0645\u064a\u0629 \u0639\u0644\u0649 \u0645\u062f\u0627\u0631 \u0627\u0644\u0633\u0627\u0639\u0629\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.africa-press.net\/zimbabwe\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/#\/schema\/person\/2e02b5816e71b1149d79877f669a85e4\",\"name\":\"cfeditoren\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Canada-based miner ups interest in Mutare lithium project to 50% - zimbabwe","description":"UK Correspondent & Agencies TORONTO-BASED Li3 Lithium Corp. has doubled its interest in Mutare Lithium to 50 ...","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/canada-based-miner-ups-interest-in-mutare-lithium-project-to-50","og_locale":"en_US","og_type":"article","og_title":"Canada-based miner ups interest in Mutare lithium project to 50%","og_description":"UK Correspondent & Agencies TORONTO-BASED Li3 Lithium Corp. has doubled its interest in Mutare Lithium to 50 ...","og_url":"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/canada-based-miner-ups-interest-in-mutare-lithium-project-to-50","og_site_name":"zimbabwe","article_published_time":"2023-05-29T09:08:09+00:00","article_modified_time":"2023-05-29T12:22:46+00:00","og_image":[{"width":800,"height":533,"url":"https:\/\/static.africa-press.net\/zimbabwe\/sites\/14\/2023\/05\/sm_1685346708.712458.jpg","type":"image\/jpeg"}],"author":"cfeditoren","twitter_card":"summary_large_image","twitter_misc":{"Written by":"cfeditoren","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/canada-based-miner-ups-interest-in-mutare-lithium-project-to-50","url":"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/canada-based-miner-ups-interest-in-mutare-lithium-project-to-50","name":"Canada-based miner ups interest in Mutare lithium project to 50% - zimbabwe","isPartOf":{"@id":"https:\/\/www.africa-press.net\/zimbabwe\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/canada-based-miner-ups-interest-in-mutare-lithium-project-to-50#primaryimage"},"image":{"@id":"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/canada-based-miner-ups-interest-in-mutare-lithium-project-to-50#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/zimbabwe\/sites\/14\/2023\/05\/sm_1685346708.712458.jpg","datePublished":"2023-05-29T09:08:09+00:00","dateModified":"2023-05-29T12:22:46+00:00","author":{"@id":"https:\/\/www.africa-press.net\/zimbabwe\/#\/schema\/person\/2e02b5816e71b1149d79877f669a85e4"},"description":"UK Correspondent & Agencies TORONTO-BASED Li3 Lithium Corp. has doubled its interest in Mutare Lithium to 50 ...","breadcrumb":{"@id":"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/canada-based-miner-ups-interest-in-mutare-lithium-project-to-50#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.africa-press.net\/zimbabwe\/all-news\/canada-based-miner-ups-interest-in-mutare-lithium-project-to-50"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/canada-based-miner-ups-interest-in-mutare-lithium-project-to-50#primaryimage","url":"https:\/\/static.africa-press.net\/zimbabwe\/sites\/14\/2023\/05\/sm_1685346708.712458.jpg","contentUrl":"https:\/\/static.africa-press.net\/zimbabwe\/sites\/14\/2023\/05\/sm_1685346708.712458.jpg","width":800,"height":533,"caption":"Canada-based miner ups interest in Mutare lithium project to 50%"},{"@type":"BreadcrumbList","@id":"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/canada-based-miner-ups-interest-in-mutare-lithium-project-to-50#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.africa-press.cc\/zimbabwe\/"},{"@type":"ListItem","position":2,"name":"Canada-based miner ups interest in Mutare lithium project to 50%"}]},{"@type":"WebSite","@id":"https:\/\/www.africa-press.net\/zimbabwe\/#website","url":"https:\/\/www.africa-press.net\/zimbabwe\/","name":"zimbabwe","description":"\u0623\u062e\u0628\u0627\u0631 \u064a\u0648\u0645\u064a\u0629 \u0639\u0644\u0649 \u0645\u062f\u0627\u0631 \u0627\u0644\u0633\u0627\u0639\u0629","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.africa-press.net\/zimbabwe\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.africa-press.net\/zimbabwe\/#\/schema\/person\/2e02b5816e71b1149d79877f669a85e4","name":"cfeditoren"}]}},"_links":{"self":[{"href":"https:\/\/www.africa-press.cc\/zimbabwe\/wp-json\/wp\/v2\/posts\/78355","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.africa-press.cc\/zimbabwe\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.africa-press.cc\/zimbabwe\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.africa-press.cc\/zimbabwe\/wp-json\/wp\/v2\/users\/84"}],"replies":[{"embeddable":true,"href":"https:\/\/www.africa-press.cc\/zimbabwe\/wp-json\/wp\/v2\/comments?post=78355"}],"version-history":[{"count":0,"href":"https:\/\/www.africa-press.cc\/zimbabwe\/wp-json\/wp\/v2\/posts\/78355\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.africa-press.cc\/zimbabwe\/wp-json\/wp\/v2\/media\/78354"}],"wp:attachment":[{"href":"https:\/\/www.africa-press.cc\/zimbabwe\/wp-json\/wp\/v2\/media?parent=78355"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.africa-press.cc\/zimbabwe\/wp-json\/wp\/v2\/categories?post=78355"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.africa-press.cc\/zimbabwe\/wp-json\/wp\/v2\/tags?post=78355"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}