Zijin Mining Group aims to begin lithium production in early 2026 at the Manono project in the DRC. Despite ongoing legal disputes with AVZ Minerals regarding exploration rights, Zijin is progressing with its operations following the acquisition of a full mining license. The project is anticipated to satisfy future lithium demands driven by consumption growth in electric vehicles and energy storage, positioning Zijin as a vital player in the sector.
Zijin Mining Group of China is set to commence lithium production in the Democratic Republic of Congo (DRC) by early 2026, specifically at the significant Manono project, which contains one of the largest deposits of lithium globally. This initiative represents the first operational lithium mine in the DRC, a nation renowned for its vast mineral wealth, including being the world’s second-largest copper producer and leading source of cobalt. Despite ongoing legal disputes with AVZ Minerals regarding exploration rights, Zijin has been granted a full mining license and is advancing towards production, aiming to establish itself as a key player in the lithium market despite current price fluctuations. Zijin’s investments in African lithium resources are also indicative of a broader strategy to secure raw materials amidst anticipated future increases in demand for lithium for electric vehicle and energy storage applications.
Zijin Mining has undertaken a joint venture with the Congolese government to develop the Manono project, which boasts an average lithium oxide grade of 1.51%. The company’s strategy focuses on constructing a processing plant in phases to manufacture lithium concentrate and sulfate, with plans for potential additional refining depending on power supply reliability. Amid legal challenges, including allegations of unlawful permit actions by AVZ Minerals, Zijin asserts compliance with Congolese regulations and is positioned to deliver on its exploration commitments.
The Democratic Republic of Congo is a significant mining jurisdiction, noted for its resource wealth. The country’s deposits of lithium are emerging as critical due to the growing demand associated with the electric vehicle boom. Zijin Mining, a major Chinese enterprise, has expanded its reach into Africa, capitalizing on opportunities in the mineral sector. Presently, the market has experienced volatility, with lithium prices undergoing a considerable drop since their peak in 2022, prompting mining firms to adjust their operations strategically. Furthermore, disputes like those with AVZ Minerals highlight the complex legal landscape surrounding resource extraction in the region, underscoring the importance of regulatory compliance.
In summary, Zijin Mining’s plans for lithium production in the DRC by early 2026 signify a pivotal step in establishing the first operational lithium mine in the country amidst ongoing legal entanglements. The development of the Manono project could address future supply demands as global consumption of lithium escalates due to increasing requirements for electric vehicle batteries and energy storage systems. The company remains committed to navigating the existing legal challenges while advancing its mining operations in compliance with Congolese regulations.
Original Source: www.miningweekly.com
