United Kingdom-based Zimbabwe businessman, Douglas Chikohora, 63, and his Cluff Africa Associates Mining Limited (CAA) are set to team up with a European firm in setting up a lithium refinery in Ghana.
Making the announcement Monday, the Minerals Commission of Ghana said the partnership between CAA Mining, a UK-incorporated company and Livista Energy would go a long way in enhancing local value addition in the West African country’s energy sector.
CAA, an established mining explorer, has been granted 18 months of exclusive licences to explore the highly rich lithium deposits in the Southern parts of Ghana. ZimLive cites Chikohora, the CAA co-founder and CEO as saying:
Following the successful grant of the licenses, CAA Mining looks forward to commencing the exploration for lithium bearing pegmatite to supply Livista and prove the viability to establish some refining capability in Ghana.
CAA has already identified eleven pegmatite outcrops and exposures upon which to focus the exploration and looks forward to publishing the results.
The setting up of a lithium refinery will deliver revenue sources for Ghana’s Gross Domestic Product (GDP) and create employment.
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This comes at a time when Zimbabwe is experiencing a lithium rush following the discovery of the lucrative and strategic mineral in some parts of the country.
The discovery of lithium around the country positions Zimbabwe to play a dominant role in the production of lithium.
Zimbabwe, which produced 1 200 metric tonnes of the mineral in 2021 is the world’s fifth largest producer.