https://en.sputniknews.africa/20240903/indonesia-strengthens-economic-ties-with-zimbabwe-exploring-opportunities-for-mining-lithium--1068122655.html
Indonesia Explores Opportunities for Mining Lithium in Zimbabwe
Indonesia Explores Opportunities for Mining Lithium in Zimbabwe
Sputnik Africa
Africa's relationship with Indonesia traces its roots back to the landmark 1955 Asia-Africa Conference held in Bandung, Indonesia’s industrial hub. 03.09.2024, Sputnik Africa
2024-09-03T14:12+0200
2024-09-03T14:12+0200
2024-09-03T16:46+0200
sub-saharan africa
zimbabwe
indonesia
asia
lithium
mining
economy
economic growth
southern africa
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Indonesia outlined plans to strengthen economic cooperation with Zimbabwe, expressing keen interest in exploring lithium mining opportunities in the country as part of a broader strategy for enhancing bilateral ties.During a bilateral meeting with Zimbabwe's Vice President Kembo Mohadi on the sidelines of the Second Indonesia-Africa Forum, Indonesian President Joko Widodo also called for the establishment of a preferential trade agreement between the two countries. Widodo also expressed Indonesia's desire to invest in Zimbabwe's pharmaceutical sector, envisioning it as a regional hub for exporting medicines produced there.Indonesia has a significant demand for lithium to support its electric vehicle industry. Lithium is key in the production of lithium-ion batteries, which are integral to electric vehicles.Zimbabwe is the world's fifth-largest producer of lithium, according to Global Data. In 2022, under the Base Minerals Export Control Act, Zimbabwe prohibited the export of raw lithium, taking the opportunity to use the lithium value chain. By pursuing this strategy, Zimbabwe can enhance the value derived from its resources and attract businesses that specialize in battery manufacturing.
https://en.sputniknews.africa/20240824/zimbabwes-infrastructure-investments-save-sadc-millions-media-report-1067994808.html
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zimbabwe, indonesia, asia, lithium, mining, economy, economic growth, southern africa
zimbabwe, indonesia, asia, lithium, mining, economy, economic growth, southern africa
Indonesia Explores Opportunities for Mining Lithium in Zimbabwe
14:12 03.09.2024 (Updated: 16:46 03.09.2024) Africa's relationship with Indonesia traces its roots back to the landmark 1955 Asia-Africa Conference held in Bandung, Indonesia’s industrial hub.
Indonesia outlined plans to strengthen economic cooperation with Zimbabwe, expressing keen interest in exploring lithium
mining opportunities in the country as part of a broader strategy for enhancing bilateral ties.
During a bilateral meeting with Zimbabwe's Vice President Kembo Mohadi on the sidelines of the Second Indonesia-Africa Forum, Indonesian President Joko Widodo also called for the establishment of a preferential trade agreement between the two countries. Widodo also expressed Indonesia's desire to invest in Zimbabwe's pharmaceutical sector, envisioning it as a regional
hub for exporting medicines produced there.
Indonesia has a significant demand for lithium to support its electric vehicle industry. Lithium is key in the production of lithium-ion batteries, which are integral to electric vehicles.
Zimbabwe is the world's fifth-largest producer of lithium, according to Global Data. In 2022, under the Base Minerals Export Control Act, Zimbabwe prohibited the export of raw lithium, taking the opportunity to use the lithium value chain. By pursuing this strategy, Zimbabwe can enhance the value derived from its resources and attract businesses that specialize in battery manufacturing.
