Zijin Mining Plans to Launch Lithium Production in Congo by 2026

Zijin Mining Group aims to start lithium production from the Manono project in the Democratic Republic of Congo by early 2026. This project, located in a contentious legal environment with AVZ Minerals, positions Zijin as a pivotal player in the lithium market amid the global demand surge, despite fluctuations in lithium prices. The venture is expected to create the DRC’s first lithium mine, further consolidating China’s investment in African mineral resources.

Zijin Mining Group, a Chinese mining company, intends to commence lithium production at the Manono project in the Democratic Republic of Congo (DRC) by the first quarter of 2026. This project is situated among one of the world’s largest lithium deposits and is in the southeast region of Congo, where it has become a focal point of legal disputes between Zijin and AVZ Minerals, an Australian firm that claims ownership of the exploration license for the site. Despite ongoing legal challenges, Zijin has received the necessary mining licenses and is proceeding with its plans to develop the mine, which is anticipated to be the DRC’s first fully operational lithium mine.

China’s investment in African lithium mines, particularly in light of declining prices, highlights the strategic importance of securing raw materials to meet future demands in electric vehicles and energy storage. Zijin’s joint venture with the Congolese state enhances their position in accessing these essential resources while adhering to compliance with legal requirements in the region. Current plans for the Manono project include phase-wise commissioning of the processing plant, with an ultimate goal of exporting lithium concentrate and sulfate.

The Democratic Republic of Congo is known for its significant mineral wealth, being a major producer of copper and cobalt, making it a key player in the global mining industry. The increasing demand for lithium, driven largely by the rise in electric vehicles (EVs) and renewable energy technologies, has attracted considerable interest from mining companies across the globe, particularly Chinese firms looking to secure supply chains for lithium. The Manono project is particularly significant as it not only expands Zijin’s portfolio, but also reflects the growing strategic focus on Africa’s mineral resources amidst international competition.

In summary, Zijin Mining Group’s plan to initiate lithium production at the Manono site underscores the ongoing development and investment in Africa’s extensive lithium resources. Despite facing legal challenges from AVZ Minerals, Zijin remains committed to proceeding with its project, which is poised to become the first operational lithium mine in the DRC. This venture not only illustrates Zijin’s strategy to enhance its production capabilities but also highlights the significance of lithium in the global energy market moving forward.

Original Source: www.miningweekly.com