Sinomine's Zimbabwe unit resumes operations

Zimbabwean lithium mining unit has resumed operations after addressing issues relating to labour management and other regulatory concerns, the company said on Wednesday.suspend operationsIn a statement, Sinomine said Bikita Minerals was resuming operations after "special inspections and rectifications have been carried out on labour management and other related issues of subcontractors".

Sinomine acquired Bikita Minerals for $180 million in January 2022 and has invested a further $200 million to expand existing operations at the mine, including the construction of two lithium processing plants to produce 250,000 tonnes of spodumene concentrate and 480,000 tonnes of petalite per year.

Spodumene is a key battery mineral, while petalite is a lithium mineral used in the glass and ceramic industries.Zimbabwe holds some of the largest hard rock lithium deposits in the world, and has recently attracted investment exceeding $700 million from Chinese firms, including Zhejiang Huayou Cobalt

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