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.

Updated: 10 Sept 2026 • 10:00 am

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

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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.

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Table of Contents

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.

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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.

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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.