Univest
Univest
  • Markets

LOHUM Targets 30,000 Tonnes of Lithium Carbonate Output From Zimbabwe Assets

  • September 10, 2026
  • Posted by: Harsh Piplani
  • Category: News
No Comments
LOHUM Targets 30,000 Tonnes of Lithium Carbonate Output From Zimbabwe Assets

LOHUM is targeting 30,000 tonnes of annual lithium carbonate output from its newly acquired Zimbabwe lithium assets.

Quick Answer

LOHUM lithium carbonate production is targeted at around 30,000 tonnes annually within two to three years, from 10 spodumene-bearing mining blocks the company has acquired in Zimbabwe’s Matabeleland South Province, covering about 1,100 hectares. LOHUM has already dispatched its first shipment of lithium ore, becoming the first Indian company to produce lithium from overseas assets. The company estimates the initial blocks can support around 300,000 tonnes of LOHUM lithium carbonate equivalent over the life of the assets, with an in-situ value of about 7 billion dollars at prevailing prices.

India’s push to reduce its near-total dependence on imported lithium-ion batteries has taken a step forward with LOHUM’s first overseas mining operation in Zimbabwe, aimed squarely at scaling up LOHUM lithium carbonate output.

Here is what LOHUM’s Zimbabwe lithium carbonate ambitions look like, and how the company plans to scale LOHUM lithium carbonate production.

Click Here – Get Free Investment Predictions

Table of Contents

Toggle
  • The Zimbabwe Asset Base
  • Production and Value Estimates
  • FAQs
    • How much lithium carbonate is LOHUM targeting annually?
    • Where are LOHUM’s new lithium mining assets located?
    • Has LOHUM started mining operations in Zimbabwe?
    • What is the estimated value of LOHUM’s Zimbabwe deposits?
    • Does LOHUM have rights to expand its Zimbabwe holdings?
    • Is this LOHUM’s first overseas mining asset?

The Zimbabwe Asset Base

LOHUM has secured rights to 10 spodumene-bearing lithium mining blocks in Zimbabwe covering about 1,100 hectares, with drilling, blasting and excavation already underway to feed future LOHUM lithium carbonate output. Founder and CEO Rajat Verma told Business Standard the company also holds preferred rights over an additional 90 blocks, giving it a right of first refusal before those are offered to other buyers.

Explore More Stocks and Market News on the Screener

Production and Value Estimates

LOHUM lithium carbonate output from the initial 10 blocks is expected to reach approximately 300,000 tonnes of lithium carbonate equivalent over the life of the assets, with an estimated in-situ value of about 7 billion dollars at current prices. The company plans to build refining and processing capabilities in Zimbabwe itself rather than exporting raw ore, which should support the targeted LOHUM lithium carbonate run rate of 30,000 tonnes a year within two to three years.

Download the Univest iOS App or Univest Android App to track market news on the go

Disclaimer: Data and figures in this article are sourced from publicly available information and may change as trading continues through the day. Please verify all data independently before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).

FAQs

How much lithium carbonate is LOHUM targeting annually?

Ans. LOHUM is targeting around 30,000 tonnes of annual LOHUM lithium carbonate output within two to three years.

Where are LOHUM’s new lithium mining assets located?

Ans. The assets are in Zimbabwe’s Matabeleland South Province, spanning 10 spodumene-bearing mining blocks over about 1,100 hectares.

Has LOHUM started mining operations in Zimbabwe?

Ans. Yes, the company has commenced drilling and blasting and dispatched its first shipment of lithium ore toward its LOHUM lithium carbonate target.

What is the estimated value of LOHUM’s Zimbabwe deposits?

Ans. LOHUM estimates an in-situ value of about 7 billion dollars at prevailing lithium carbonate prices.

Does LOHUM have rights to expand its Zimbabwe holdings?

Ans. Yes, it holds preferred rights over an additional 90 blocks, giving it first refusal before they are offered to other buyers.

Is this LOHUM’s first overseas mining asset?

Ans. Yes, the Zimbabwe acquisition marks LOHUM’s first direct ownership of mining assets outside India, feeding its LOHUM lithium carbonate ambitions.



Author: Harsh Piplani
I am Harsh Piplani, an Assistant Content Manager with over 5 years of experience in crafting impactful, result-driven content. I hold a B.Com (Hons) degree and have worked across diverse industries, including education, fintech, healthcare, jewellery, and more. I specialise in content strategy, SEO, and optimisation, ensuring that every piece I create is not just well-written but also well-ranked. I believe content should do more than fill space so as to drive traffic, build authority, and support business growth. I enjoy turning complex ideas into clear, engaging narratives, and, as I like to say, I know how to spin words like a web to influence, structured, strategic, and impossible to ignore. For me, great content sits at the intersection of creativity and performance.

Leave a Reply Cancel reply