Africa's Lithium Market Expansion Ahead of African Mining Week (AMW) 2025
These advancements lay the foundation for the upcoming African Mining Week (AMW) 2025 – Africa's premier gathering for mining stakeholders – which will spotlight emerging opportunities across the continent's lithium value chain.
AMW serves as a premier platform for exploring the full spectrum of mining opportunities across Africa. The event is held alongside the African Energy Week: Invest in African Energies 2025 conference from October 1-3 in Cape Town. Sponsors, exhibitors and delegates can learn more by contacting sales@energycapitalpower.com.
New Discoveries
As the official platform for advancing Africa's mining prospects, AMW 2025 will provide global stakeholders with key updates on the continent's latest lithium discoveries and project developments. Among these, UK-based Aterian and global major Rio Tinto announced Rwanda's first lithium find at the HCK Lithium Project in July 2025 – marking a pivotal milestone in the country's mining sector. Meanwhile, in Ivory Coast, Atlantic Lithium reported the discovery of spodumene-bearing pegmatites at its Agboville and Rubino licenses in March 2025. The find comes as the company progresses its flagship Ewoyaa Lithium Project in Ghana, set to become the country's first industrial-scale lithium operation.
First Production Milestones
AMW 2025 will also spotlight Africa's growing lithium production capacity and its rising contribution to the global battery mineral supply chain, as several first-production milestones are achieved across the continent. In July, Premier African Minerals commenced operations at its Zulu Lithium Plant in Zimbabwe, reinforcing the country's role as a leading global lithium producer. Earlier in February, UK-based Kodal Minerals began spodumene concentrate production at its Boungouni Project in Mali, targeting a steady monthly output of 10,000 tons, primarily destined for export to China. Meanwhile, Mali's Goulamina Project – operated by China's Ganfeng Lithium – achieved first production in January, with Phase 1 capacity reaching 506,000 tons, positioning the site among the largest lithium operations worldwide.
New Financing Unlocking Africa's Potential
AMW will also showcase financing deals and innovative mechanisms accelerating the growth of the lithium sector. In July, Canada's Lithium Africa raised over C$3.4 million through a private placement to fund exploration and development projects across Morocco, the Ivory Coast, Guinea, Mali and Zimbabwe. That same month, Nigeria's Continental Lithium expanded its working capital through a strategic merger with Chariot Corporation to support its hard rock lithium assets in Oyo and Kwara states. Meanwhile, in May, U.S. startup KoBold Metals pledged $1 billion to develop the Manono Lithium Project in the Democratic Republic of Congo, following its acquisition of project operator AVZ Minerals.
As Africa rapidly positions itself as a major hub for lithium production, AMW serves as the focal point for industry dialogue. The event will spotlight investment-ready opportunities and facilitate deal-making between African stakeholders and global financiers, advancing the continent's ambitions in the lithium space.
Distributed by APO Group on behalf of Energy Capital&Power.
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