Commodities

China’s Zijin Mining Group to Begin Lithium Production in Congo by 2026

If realized, this would establish Congo’s first lithium mine, addressing growing global demand for the battery metal despite a current oversupply in the market.

China’s Zijin Mining Group has announced plans to commence lithium production in early 2026 at the Manono project in the Democratic Republic of Congo (DRC), home to one of the world’s largest lithium deposits.

If realized, this would establish Congo’s first lithium mine, addressing growing global demand for the battery metal despite a current oversupply in the market.

Legal Challenges Loom

The project is not without controversy. Australian miner AVZ Minerals has alleged that Congo unlawfully transferred its exploration license for the Manono site to Zijin’s joint venture. Arbitration proceedings are ongoing, with AVZ accusing Congo of disregarding tribunal injunctions.

Meanwhile, Zijin maintains that it holds a valid mining license and asserts compliance with all regulations. The company plans a phased production approach, beginning with lithium concentrate and lithium sulfate, as it gradually scales operations.

Also Read: Zimbabwe Sets Plan to Develop Own Lithium Refining Industry

Strategic Importance of the Manono Project

Congo’s vast natural resources, which already position it as a major copper and cobalt producer, are drawing increased interest from Chinese firms like Zijin seeking to secure lithium supplies across Africa.

While AVZ had envisioned Manono as one of the world’s largest hard rock lithium projects, Zijin’s strategy focuses on phased development aligned with upgrades to power infrastructure.

Key Takeaways

  • Global Lithium Race: Zijin’s investment underscores the intensifying global competition for lithium resources, driven by the accelerating shift toward electric vehicles (EVs) and renewable energy.
  • Market Dynamics: Despite falling lithium prices and a current supply glut, Chinese firms are banking on long-term demand growth, particularly in the EV and energy storage sectors.
  • Congo’s Emerging Role: Already a critical supplier of cobalt, Congo is poised to play a pivotal role in the global lithium market. However, legal disputes like the Manono case highlight the complexities of operating in resource-rich but politically volatile regions.
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Lawrence Baraza

Lawrence Baraza is a dynamic journalist currently overseeing content at Metropol TV Digital. With a keen focus on business news and analytics, Lawrence guides the platform in delivering insightful, data-driven content that empowers its audience to make informed decisions. Lawrence’s commitment to quality and his ability to anticipate market trends make him a key figure in the digital media landscape. His work continues to shape the way business news is consumed, making a significant impact in the field.

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