Lithium power station factory in Mozambique

4 FAQs about [Lithium power station factory in Mozambique]

What is lithium consolidated (Li3) doing in northern Mozambique?

Further to the announcement dated 25th March 2019 Lithium Consolidated Ltd (“Lithium Consolidated”, “Li3” or the “Company”) is pleased to announce it has been granted three (3) new lithium exploration licenses in the Alto Ligonha Pegmatite Province in northern Mozambique (the “Mozambique Licenses” or “Licenses” (see Figure 1, below).

What is the largest power station in Mozambique?

The 2,075 megawatts Cahora Bassa Hydroelectric Power Station (CBHPS) across the Zambezi River, is the largest power station in Mozambique. The power station is operated by Hidroelectrica de Cahora Bassa (HCB), a Mozambican parastatal company.

Why will lithium be exported to India?

Lithium produced from the Mozambican concessions will be exported to India to meet the growing demand for critical minerals crucial for the energy transition in the market. The projects follow Deccan acquiring stakes in five lithium exploration blocks in Mozambique from Magnifica.

What did BII plus do for Mozambique?

BII Plus, the technical assistance facility of British International Investment, contributed a US$1million grant towards the battery energy storage system. His Excellency Filipe Nyusi, President of the Republic of Mozambique said at the inauguration:

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