Hibernic takes on multi-million dollar lithium processing plant

The project, which is set to be developed in phases, will focus on processing lithium concentrates into higher-value products for both regional and international markets.

Hibernic Energy Group has stepped into Zimbabwe’s fast-growing lithium sector with plans to establish a multi-million dollar lithium processing plant, a move expected to strengthen the country’s value addition drive and boost mineral exports.The plant will be strategically located in Mashonaland East Province, close to an active lithium mine, a positioning expected to enhance efficiency in the supply chain by reducing transportation costs and ensuring steady access to raw materials.

The project, which is set to be developed in phases, will focus on processing lithium concentrates into higher-value products for both regional and international markets. 

The initiative aligns with Zimbabwe’s broader policy direction of beneficiation, which seeks to curb raw mineral exports and promote in-country processing.

Speaking on the development, Hibernic Energy Group CEO Dunny Mavura Huruyadzo said the investment marks a strategic shift for the company as it expands into mineral value chains.“This project is a significant milestone for Hibernic Energy Group as we position ourselves at the centre of Zimbabwe’s energy and mining transformation,” he said. 

“Our focus is not just on extraction, but on value addition that creates jobs, drives industrial growth, and contributes meaningfully to the national economy.”

He added that the plant will utilise modern, efficient technologies while maintaining strict environmental and safety standards.

“Zimbabwe has immense lithium potential, and through this investment, we are committed to unlocking that value responsibly while ensuring long-term benefits for local communities and stakeholders,” Huruyadzo said.

Once operational, the facility is expected to create employment opportunities and stimulate economic activity in surrounding communities.

The investment comes at a time when global demand for lithium — driven by the rapid growth of electric vehicles and renewable energy storage — is surging. 

Zimbabwe, which holds some of the largest lithium deposits in Africa, has increasingly attracted investor interest in recent years.

Industry analysts said Hibernic Energy Group’s entry into lithium processing reflected a broader shift among local firms seeking to diversify into mining and mineral beneficiation.

Huruyadzo said further details on timelines, plant capacity, and total investment value are expected to be released as the project progresses.

Related Topics