Cluff Africa agrees to develop Zimbabwe lithium mine

The Andean nation is the world's second-largest lithium producer.

Both governments step up efforts to reduce their reliance on Chinese supplies of energy transition minerals.

To access the higher quota, Albemarle would need to prove the use of sustainable technology such as DLE, among other things.

In January, AustralianSuper said it would double its lithium exposure in the next five years.

The key to social acceptance was active engagement with local communities and pro-active communicating, said CEO of EIT RawMaterials.

Critical minerals consultant argues Western countries need duties on all minerals produced by Chinese-linked entities.

The EU Critical Raw Materials Act is designed to guarantee a supply of lithium, copper and other minerals for green technologies.

Special licence is part of a wider deal that will see state-owned holding MIND ID become PT Vale’s largest shareholder, with 34% ownership.

Production at the new plant was expected to begin around the end of 2025, representing a $290 million investment.