Lohum ships first lithium ore from Zimbabwe, launches overseas mining operations
2026-09-10 10:31:46 [Print]
Lohum announced on Wednesday that it has dispatched its first shipment of lithium ore from Zimbabwe, marking the commencement of its mining operations in the southern African nation and making it the first Indian company to produce lithium from overseas assets.
The Indian producer of sustainable critical minerals has secured rights to 10 lithium mining blocks in Zimbabwe's Matabeleland South Province, spanning approximately 1,100 hectares, with estimated deposits of 30 million to 40 million tonnes of ore.
These assets are expected to support production of around 300,000 metric tonnes of lithium carbonate equivalent and carry an estimated value of approximately $7 billion at current prices.
The company also holds an option to acquire up to 90 adjacent mining blocks.
The Indian producer of sustainable critical minerals has secured rights to 10 lithium mining blocks in Zimbabwe's Matabeleland South Province, spanning approximately 1,100 hectares, with estimated deposits of 30 million to 40 million tonnes of ore.
These assets are expected to support production of around 300,000 metric tonnes of lithium carbonate equivalent and carry an estimated value of approximately $7 billion at current prices.
The company also holds an option to acquire up to 90 adjacent mining blocks.
Lithium Carbonate 99.5%min CIF China
Unit:USD/kg
China's lithium maganate producers' inventory statistics by province by month
Unit: RMB/mt
