JPM Resources Limited
Zimbabwe's president attends the opening ceremony of the Bikita mineOn November 29, Zimbabwean President Emmerson Mnangagwa attended the completion and commissioning ceremony of the upgrading project of Bikita Mine, Zimbabwe's largest lithium mine. The Bikita mine is located in Zimbabwe's Maswingo province, about 320 kilometers from the capital Harare. The mine, which had been controlled by Western mining companies for many years and was on the verge of bankruptcy due to poor management, was acquired by China Mining Resources Group Co., Ltd. in January 2022, and the mine was upgraded in June 2022. Mnangagwa said at the commissioning ceremony that the Biquita Mine upgrading project invested by China Mining Resources took just over a year to complete construction and officially put into production, and brought advanced equipment and technology to Zimbabwe. The commissioning of the Bikita mine will help Zimbabwe achieve its target of $12 billion in mining output by 2023. |