PLZ Lithium Plant Nears Completion

Published: 21 Oct, 2025 07:58 Sources: S1 S2 S3 Category: Business Language: English Country: Zimbabwe

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Prospect Lithium Zimbabwe (PLZ) announced its new lithium sulfate plant is 75% complete and will begin production in early 2026. The facility will produce 60,000 tonnes annually, doubling the company’s revenue. Mines Minister Winston Chitando said the project advances Zimbabwe’s value-addition policy and supports the ban on raw lithium exports. The Government plans to prohibit lithium concentrate exports by 2027 to promote local processing and industrialization.