en.Wedoany.com Reported - Wang Pingwei, Chairman and President of Sinomine Resource Group Co., Ltd. (002738.SZ), recently met with Zimbabwean President Emmerson Mnangagwa in Harare, the capital of Zimbabwe. The two sides conducted in-depth exchanges on topics such as the construction of Sinomine's projects in Zimbabwe, future development plans, and optimizing the business environment.
Founded in 1999 and headquartered in Beijing, China, Sinomine Resource Group Co., Ltd. is a listed company focused on the development of lithium battery new energy materials and rare light metals (cesium and rubidium) resources. The company owns the Bikita mine in Zimbabwe, one of the world's largest lithium-cesium-tantalum-niobium polymetallic deposits. In recent years, Sinomine has continuously increased its investment in Zimbabwe, with the Bikita mine having built a beneficiation capacity of 4 million tons per year.
During the meeting, Wang Pingwei briefed President Mnangagwa in detail on Sinomine's business development in Zimbabwe. He stated that Sinomine places high importance on the efficient utilization and green development of mineral resources, adhering to compliant and lawful operations in the investment and development of the Bikita mine, strictly complying with Zimbabwean laws and regulations, and actively fulfilling social responsibilities. Sinomine is currently fully advancing the construction of a 100,000-ton-per-year lithium sulfate salt plant, which is the largest planned lithium salt plant in Africa and will make positive contributions to extending Zimbabwe's lithium value chain. Meanwhile, he expressed appreciation and gratitude for the Zimbabwean government's resumption of lithium concentrate exports.
President Mnangagwa fully affirmed Sinomine's outstanding contributions to Zimbabwe's mining development over the long term, particularly expressing high appreciation for the company's continuous investment and technological innovation in the beneficiation of rare metals such as tantalum, niobium, and cesium at the Bikita mine. Mnangagwa noted that the Bikita mine is the first lithium mine producer in Zimbabwe to apply advanced optical beneficiation technology, providing a model for the green and intelligent development of Zimbabwe's lithium mining industry. He stated that mining is a key pillar for Zimbabwe to achieve its "Vision 2030," and the Zimbabwean government firmly supports compliant, lawful, and excellent international enterprises in engaging in mining development in the country, hoping Sinomine will continue to increase its investment in Zimbabwe and further extend the industrial chain. Mnangagwa emphasized that the government will actively support the resolution of difficulties and issues encountered by enterprises in their operations, continuously optimize the business environment, and ensure the stable operation of enterprises.
This meeting further consolidated the cooperative relationship between Sinomine and the Zimbabwean government, providing policy support and confidence for the company's continued investment and industrial chain extension in Zimbabwe.
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