Huayou Cobalt investing $300M in Zim lithium op

Chinese group Zhejiang Huayou Cobalt has earmarked $300 million to invest in the rapid development of the Arcadia project in Zimbabwe to include a lithium operation and processing plant. Per a Reuters report this week, Zhejiang Huayou, one of the top cobalt producers in the world, recently completed a purchase of the hard-rock lithium property just outside of Harare from…

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