China’s Huayou Cobal says it is investing US$300 million to develop the Arcadia mine in Zimbabwe with an aim to expand production for the EV market. Photo: Shutterstock Images
Chinese cobalt giant aims to have Zimbabwe lithium project delivering early next year
- Zhejiang Huayou Cobalt says it is looking into adding value to local product for export
- Chinese companies are making multimillion-dollar acquisitions to secure lithium supplies amid worldwide race to go green
China’s Huayou Cobal says it is investing US$300 million to develop the Arcadia mine in Zimbabwe with an aim to expand production for the EV market. Photo: Shutterstock Images