Indian battery maker Lohum expands into lithium mining with Zimbabwe operation

The move marks Lohum's first venture into lithium extraction, positioning the company to control supply chains from ore to finished battery cells. The Zimbabwe operation is expected to supply lithium for Lohum's manufacturing facilities as India's EV sector experiences rapid growth.

Lohum Advanced Technologies has emerged as a significant player in India's battery manufacturing ecosystem, supplying components for domestic electric vehicle makers. The company's expansion into mining reflects a broader trend among battery manufacturers to secure long-term access to critical minerals essential for EV production.

Lithium demand is projected to surge significantly over the coming decade as countries worldwide accelerate vehicle electrification. By establishing upstream mining operations, Lohum aims to reduce dependency on external suppliers and stabilize production costs.

The Zimbabwe project comes as major battery manufacturers globally race to secure lithium reserves. India has been prioritizing domestic EV battery production capacity to reduce reliance on imports and strengthen its position in the global green energy transition.

Details regarding production timelines, investment amounts, and expected lithium output from the Zimbabwe mine were not immediately disclosed.