In October 2022, lithium prices reached an all-time high. Lithium is an essential component for electric vehicle batteries, and with the current high ambitions in electrification of transport, demand for the mineral has been rapidly increasing, hitting a record price of $74,475 per tonne in October 2022. In Zimbabwe, where some of the world’s largest… Read more »
Tag: Zimbabwe
Lithium in Zimbabwe: A future boom of doom?
Electric vehicles (EV) sales are on the rise. One of key ingredients for EV batteries is lithium, which is not that easily replaced as a key element in batteries. Thus, the demand in the lightweight mineral will continue to grow – the investment bank UBS estimates it demand will grow eight times by 2030. Considering… Read more »
Zimbabwe: from Coup to Democratization?
In the early hours of the morning on 15 November, the Zimbabwean military placed President Mugabe under house arrest. The coup against one of the longest serving rulers in Africa appears to have been a reaction to Mugabe’s ouster of his vice-president Emmerson Mnangagwa, to pave the way for his wife as the successor to… Read more »