ZIMBABWE · MARKETS

Key Facts

—A first for the continent: Zimbabwe has shipped its first batches of lithium sulphate, a processed battery material, rather than raw ore.

—Chinese-built plant: The product comes from the Arcadia mine near Harare, run by Prospect Lithium Zimbabwe, a unit of China’s Zhejiang Huayou Cobalt.

—The investment: Huayou spent about US$400 million on the plant, which can make up to 50,000 tonnes of lithium sulphate a year.