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02 Nov
10:17

Chinese firms secure further mining licences in Zimbabwe

The Zimbabwe Development Agency has reportedly awarded Chinese firms mining and energy licences worth $2.79 billion in the third quarter. According to Bloomberg, the agency said on Wednesday China accounted for over two-thirds of the 180 applications, which include lithium projects. Within the total planned investment, around $411 million has been earmarked for mining. The report states that $2.3 billion will be invested in an energy and mining complex that will…
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