Zijin Mining Group plans to start lithium production at the Manono project in the Democratic Republic of Congo in early 2026. This site is central to ongoing legal disputes with AVZ Minerals over exploration rights. Despite market fluctuations, Zijin remains optimistic about the project’s profitability and plans to gradually scale production operations. This move reflects a broader trend of Chinese companies investing in Africa’s lithium resources amid increasing global demand.
Zijin Mining Group, a prominent Chinese company, is set to commence lithium production in the Democratic Republic of Congo in early 2026. This initiative is centered around the Manono project, which is recognized as one of the world’s largest lithium deposits. Currently, this site is embroiled in a legal dispute with AVZ Minerals, an Australian firm vying to reclaim an exploration license from the Congolese government, which has granted Zijin a full mining license. Despite AVZ’s contention that the area is subject to arbitration proceedings, Zijin remains poised to advance with the project, emphasizing compliance with legal requirements and the potential profitability of lithium extraction even amid fluctuating market prices. The company’s strategy includes gradually commissioning the processing plant and possibly expanding refining operations contingent upon stable power supply. Zijin’s activities in Congo complement its extensive mining interests on multiple continents, marking a significant investment in the global lithium market as demand for battery materials continues to rise.
Zijin Mining Group is undertaking a significant venture in the Democratic Republic of Congo with plans to develop one of the world’s largest lithium deposits at the Manono site. This project comes at a time when electric vehicle and renewable energy industries are increasing their demand for lithium, despite current overproduction. The initiative also highlights the competitive landscape wherein Zijin and other Chinese firms are investing heavily in Africa’s lithium resources, motivated largely by future consumption forecasts. The Manono project holds strategic importance as its successful operation could position Zijin as a leader in lithium production on the continent, enhancing its portfolio in critical materials for energy storage and vehicle production.
In summary, Zijin Mining Group is on track to commence lithium production in early 2026 at the Manono project in the Democratic Republic of Congo, despite ongoing legal challenges from AVZ Minerals regarding ownership rights. This development forms part of a broader trend of Chinese investments in African lithium, driven by expectations of increasing demand for the metal. Zijin’s commitment to legal compliance and the project’s anticipated profitability suggests a proactive approach to capturing a share of the global lithium market, positioning the company for future growth.
Original Source: www.miningweekly.com
