Indian Critical Minerals Company Begins Overseas Mining

Noida-based critical minerals company LOHUM has begun lithium mining operations in Zimbabwe, dispatching its first shipment of lithium ore from Matabeleland South Province. Announced on September 9, 2026, the development marks the company’s entry into primary lithium production and, according to LOHUM, makes it the first Indian company to begin lithium mining overseas.

The expansion adds mining to LOHUM’s existing capabilities in lithium refining, advanced materials manufacturing and battery recycling, bringing the company closer to an integrated battery-materials supply chain.

Securing Lithium Resources Worth an Estimated $7 Billion

LOHUM has secured mining rights for 10 spodumene-bearing lithium blocks in Zimbabwe, covering approximately 1,100 hectares. The company estimates that these assets contain 30–40 million tonnes of spodumene ore, with lithium oxide grades ranging from 1% to 3%.

The deposits have an estimated in-situ value of approximately $7 billion at prevailing lithium carbonate prices. LOHUM expects its initial assets to support production of around 300,000 metric tonnes of lithium carbonate equivalent over their lifetime.

The company also holds an option to acquire up to 90 additional mining blocks nearby, creating opportunities for further expansion.

Building Local Processing Capabilities in Zimbabwe

Rather than relying entirely on raw ore exports, LOHUM intends to develop processing capabilities within Zimbabwe.

Existing spodumene concentration facilities near its mining assets can support initial processing while the company establishes its own infrastructure.

Founder and CEO Rajat Verma described Zimbabwe as a long-term partner, emphasizing local value creation alongside the development of an integrated supply chain extending from mining and refining to cathode manufacturing and recycling.

Supporting India’s Electric Vehicle Industry

Lithium is a critical material for electric vehicle batteries and energy-storage systems. Securing direct access to overseas deposits could help LOHUM reduce its exposure to international supply disruptions and volatile mineral prices.

The company believes that shorter transportation distances, integrated refining and greater control over raw materials could improve battery supply-chain economics.

The development also aligns with India’s broader efforts to secure critical minerals through overseas assets and reduce dependence on imported battery materials.

Expanding India’s Presence in the Global Lithium Market

LOHUM’s Zimbabwe operations represent a significant expansion of its critical minerals business. By combining primary mining with its established refining, manufacturing and recycling activities, the company aims to build a more integrated lithium ecosystem.

Its next phase will focus on expanding mining operations, establishing local processing infrastructure and strengthening the supply of battery materials for India’s growing electric vehicle and energy-storage industries.

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