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Big Chinese Player Suzhou Rushes In To Invest In Zimbabwe's Lithium Mines In Race To Control The EV Battery Market By DM and Reuters A mining company in Zimbabwe has agreed to start shipping a lithium-containing rock called spodumene concentrate from its facilities to China next year. Lithium deposits are a cornerstone to a shifting market for EV technology. This has prompted an increase in demand for production at mines in Zimbabwe, home to large deposits of the element. Zulu lithium mines is a subsidiary of Premier African Minerals. The company's chief executive, George Roach, told reporters this week that the firm selected Suzhou TA&A Ultra Clean Technology Co. from a number of Chinese, European and Australian investors. "At one point, I was involved with 11 separate negotiations with people all wanting Zulu," Roach said. "It was a very intense period." Suzhou has agreed to invest $35 million in the construction of a pilot plant at the Zulu mine, which will help the facility produce up to 50,000 tones of lithium-containing rocks annually.