Lithium price recovery boosts Sandawana

Mutapa Energy Resources says the maiden Joint Ore Reserves Committee (JORC)-compliant resource estimate marks a major geological milestone for Zimbabwe's mining sector, providing independent confirmation of the quality and scale of the Sandawana deposit.

KUVIMBA Mining House (KMH) says the resurgence in global lithium prices will enhance the feasibility of setting up a planned on-site concentrator plant at its Sandawana Mines. Lithium prices have recently cooled from record highs in 2022 as supply outpaced demand, pressuring margins for global producers, including KMH. With prices steadily improving, experts predict global…

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