The Sunday Mail
Oliver Kazunga
Senior Business Reporter
CHINESE steel manufacturer Dinson Iron and Steel Company (DISCO) says it intends to locally produce lithium-ion batteries as Zimbabwe has all the raw materials required in the production process.
The company expects to produce two million tonnes of lithium concentrate per year to support the battery manufacturing plant.
The development is likely to create more jobs and unlock maximum value from the mineral. DISCO, which is currently constructing Africa’s largest integrated steel plant in Manhize near Mvuma to the tune of US$1,5 billion, is one of the three local subsidiaries of the world’s largest stainless steel producer Tsingshan Holdings.
DISCO project director Mr Wilfred Motsi said Zimbabwe is endowed with mineral resources such as nickel and graphite that are key in the production of lithium-ion batteries.
“As a…
Chinese firm to manufacture lithium batteries in Zim
