China's Zijin Mining Group Co. is set to begin lithium production in the Democratic Republic of Congo early next year from one of the world's largest deposits. The Manono project, a joint venture with the Congolese state, is expected to start operations in the first quarter of 2026. Zijin is accelerating activities at the site, which is currently contested by Australian firm AVZ Minerals Ltd.
China’s Zijin Mining Group Co. aims to start producing lithium in the Democratic Republic of Congo early next year from one of the world’s largest deposits of the battery metal.
While the current supply glut will likely continue in the short term, there is still “room for demand from the global new energy vehicle and energy storage industries” over a longer horizon, Zijin said in September. The company’s other lithium projects are in China and Argentina. AVZ said last month that the Australian Federal Police searched its premises concerning allegations of bribery related to the Manono lithium project. The company has denied any wrongdoing.
Lithium Congo Mining Zijin Mining AVZ Minerals
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