Why All Eyes Are On Zimbabwe’s Lithium Industry
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- čas přidán 19. 06. 2024
- Zimbabwe has been mining lithium for 60 years and the government estimates that its Chinese-owned Bikita mine, which is located 300 km south of the capital Harare, has about 11 million metric tons of lithium resources.
In an effort to reclaim control of its mineral exports, Zimbabwe passed the Base Mineral Export Control Act in 2022, which banned the export of raw lithium. However, some Chinese-owned companies that are developing mines and processing plants in the country are exempt from this ban.
With the world going electric, African countries will play a critical role in the electric vehicle battery supply chain. In 2009, China overtook the U.S. as Africa’s largest trading partner and accounted for 70 percent of global EV battery production capacity leaving the U.S. behind.
CNBC explores Zimbabwe’s mining sector to find out why China has a stronghold on the country and why it matters to the U.S..
Chapters:
0:00 - Introduction
02:29 - Zimbabwe's resources
07:15 - East vs. West
13:32 - Steps to reclaim
Produced by: Sydney Boyo
Supervising Producer: Jeniece Pettitt
Editorial Support: Shawn Baldwin, Erin Black, Ted Kemp, Matthew Clinch, Elliot Smith
Graphics by: Mallory Brangan, Jason Reginato
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Why All Eyes Are On Zimbabwe’s Lithium Industry
They are currently hoarding a substantial amount of gold, saving it for a potential future economic downturn.
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From a professional standpoint, the significance of land ownership is underscored by the abundance of minerals found therein. This holds true not only in Zimbabwe but throughout the entire continent. Over time, it is imperative that we become adept at being efficient custodians of these resources.
@@laszlolee Only if you are from that continent. No more outsiders.
The good people of Zimbabwe should manufacture and sell their own lithium batteries.
They can't, they don't have the educated workforce or infrastructure or supply chains for it. No one has confidence in that nation they will receive no investment
@@Martin_Hayes funded by the Chinese ?
@@Martin_Hayes who will actually own the production factory?
China will help them to build the factory
@@fabyao the Chinese obviously and the local people will not benefit
As a south african, i pray for zimbabwe's rejuvenation. If zimbabwe can gets its act together, our region will become unstoppable.
Communism you will be unrich.
The only way to be unstoppable is if the mineral resources stay in Africa otherwise predators will come and tap on your shoulders and pretend to be your best friends and take everything from your hands. Whoever came and pretended to be your friend when they found out about your resources believe me they are not your friends.
czcams.com/video/eGbPeOIn6Zc/video.html
its very easy! keep the whites away from your country! i lived in America i know many whites they only act like they like blacks in the public but the things they say about blacks in private is scary
Not if you are in bed with China you wont. Also those mines are wrecking the local environment so things will only get worse and it will be on the backs of the poor that are staying poor due to very low wages.
Fingers crossed for an independent, prosperous Zimbabwe!
they are sitting on a ton of gold.... saving it for a rainy day
Prosperous sovereign fund, not to individuals
Lol yhea right...
they? EU that is...dig deeper
Really hoping the government won’t use the money corruptly and TAX corporate profits accordingly to better its people
Western media seems unable to talk about Africa without mentioning China. I understand sometimes you have to mention China but it's almost impossible to find reporting done on Africa without China popping up once.
Sometimes, it feels like Africa matters only because China has an edge over western countries.
Everything is about China these days.
we build chinatowns everywhere, its game over for white supremacy
true..the West is not interested in Africa itself but to counter China
You cannot talk about marketing strategy without talking about your competitors. US and Europe lost their grip on Africa by treating us as their colonies even after independence. China saw that and moved on us, not to help but to exploit. The sad truth is that Africans are not as patriotic especially the kingsidents, as long as they can line their pockets they will sell anything to anyone. You cannot ignore China's pesence here coz its doing more harm than good, investigative journalism will dig into that, which they should, so that people see what their employees that they vote for are doing.
@@auspiciousnkomo3071 Ofcourse, every country will look for it's own interest. That is obvious. African countries and leaders should choose partners who give them the best deal which leads to development of their country/people.
China is no saint and they will look out for their own interest. Nonetheless, so far China does seem to have given the better deals.
Thus, most African countries have started partnership with China. However, in western media African countries partnership with China is seen as a naive action by the Afrcian leaders. African countries want to work together with both west and China but western countries want African countries to avoid working with China.
As a Cameroonian in South Africa I'm really glad to see how CNBC has for the first time interviewed African experts concerning African issues. In the past,the habit was to interview some American or European folks sitting in London or Washington about issues in Africa lol as if they're no Africans who can comment on these things.
Now they need the lithium, that's why and if China wasn't already there, they would've negotiated with France or British
@Zaydan Alfariz Wha.... 👁️👄👁️
@@mahimjr1971 Haha yeah true
Don’t be fooled by talking heads. They can still handpick only people who follow their narrative, no matter their race.
Africans will do for themselves. The way this is titled, I don't like. Africa does not need to do business with any nation. They have what thay need and don't need any eyes on what's theirs.
The video bought up a very good point - consistency. The most important reason China has such a big influence in Africa now is because of it's consistent over the last 50 years.
Because China will do whatever it takes to secure their interests and exploiting the locals is their preferred method whereas western corporations are less willing.
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Africa is really rich. This is the time for them to manage and secure their place in the global industry and don't let the bad things that happend in the past be repeated to them.
It’s already happening; your leaders are prostitutes & they will sell their asses to the highest bidders.
A new chapter ✨️
Hopefully China will help to get it over the hump
Tell them to stop being dependent on china.
chinese is famous for being exploited and corrupted. Look how its neighboring countries hate it.
@@kabysummit5801 hahah u a fool if u think china is tryna help
Zimbabwe needs to mine the resources for themselves and stop letting other countries take it. If you allow that one day your bowl will be empty and nothing to show for it. There is a saying "If an oil company is buying your land, there is oil underneath it"
If you do not have the capital and technology, you need foreign investors. Zimbabwe sure have rich people, but I do not think they have that huge capital. Too nationalistic policy is bad for the economy, esp. in a globalized world.
Yes, mining resources themselves, that worked really well for Venezuela.😆😆😆
It’s normal to cooperate with the biggest investor and the biggest customer. China is the best choice for them.
Western media for decades have been completely silent about African independence while their countries exploited Africa through military and covert means.
Today, with Africa and China free trade based bilateral corporation at all time high and still increasing, leaving Western countries unable to join or participate effectively and get any sort of benefit out of it, Western media suddenly can't stop talking about African Independence.
Interesting 🤣🤣
@@markoliimatainen2565 Venezuela did it in the wrong way, a better example is OPEC.
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Zimbabwe, like a lot of other mineral rich countries are causing their own downfall by allowing other countries to control their resources to the detriment of their own financial well-being. It is sad and frustrating.
@Morrie's world
Why feel sad and frustrating now when China plays a role in the lithium mine?
Why it didn't matter at all when the western countries were dominating, exploiting and looting these mines?
On the other hand, no one owes Zimbabwe a living. If Zimbabwe wants progress and improvement in life for its people it must offer to exchange and trade with other nations for what it needs and what others need from Zimbabwe. Isn't it fair? Or Zimbabwe prefers to continue to own the mines awaiting for the return of western colonizers to once again ransack it clean? Get the best deal you can. China struck deals with African countries not forcing them to forgo their rights.
In comparison with other western powers in the past China now provides better terms and compensation for the minerals while also helping to build up infrastructure for Zimbabwe.
Our government here in Australia keeps selling us out to big corporations also
Watching this living in Zimbabwe and it is absolutely crazy how valuable our minerals are
Don't let foreign countries colonize your great country people, be it west or any other country...
U gotta have more home grown companies with headquarters in Africa actually developing resources
@@edwardr8826 true
Yet your political leaders will take it all..
Africa continent is rich, those western want to keep you stuck at tribal era forever
There was a prominent African politician that said something to the effect: When the Chinese come to Africa, they give a school or hospital; When the West comes to Africa, they give us a lecture.
...on China rofl
Lol China propaganda 101
when Chinese come Corrupt officials get richer & citizens poorer... all while rotting the host countries & stealing the resources
@@assertivekarma1909 well then wouldnt american propaganda be the actual lectures that are given?
Conspiracy theory: The US and China actually secretly work together. We see this pattern: the US comes destroying/bombing, then China comes building, then China uses parts of profits to buy US bonds, to enable the US to spend. This pattern is repeating in many many places in the world...
I'm from South Africa 🇿🇦 I'm happy for our neighbors . Africa is rising nothing can stop us now .All the the Zimbabweans all over the should be prepared to come home to build this beautiful continent
.
🇿🇼🇿🇼🇿🇼 May God grant complete Victory to the leadership and people of Zimbabwe Africa.
Amen
As a Zimbabwean Energy Systems Rsearcher I am very happy that you have brought such a contentious issue to the forefront. keep it up.
Spell check
AFRICANS ARE OBVIOSLY A FEW STEPS DOWN THE EVOLUTIONARY LADDER.
IF NOT FOR WHITES THEY WOULD HAVE ZERO TECHNOLOGY.
Hopefully this will bring some much needed money into the country and help give the people a better standard of living more schools and hospitals water sources that the much needed people deserve and makes day to day living better for the people of africa this could be the start of a new era for the african people.
Same here, let's link up
@@kek3908 if so correct him and write in their vernacular as well,
🇿🇼🙌🏿❤Rise and shine my beautiful nation of Zimbabwe, you have the potential to be a million times better than you are today. Zimbabweans, let's work together to build our nation, this is our time, this is our chance, let's not sleep on it!
No...By agreeing to the scummy loan terms china provide you your not shining your selling out your own nation... why do you think they have chinese nationals working at the projects and businesses china invests in? Its because when you inevitably default on the loan they will and do take the infastructure and make it there own. They steal the land it is on and class it as china not zimbabwe... your leaders in govornment earn millions off these projects and they fill there pockets whilst you barely get anything in return... wake up and stop supporting scum dictatorships like china. They dont care about you only themselves...
Might as well pull the blanket over your head,our politicians have sold us to the highest bidder..
It'll always be 3rd world. It's better for the main countries in the united nations to keep Africa undeveloped.
(not that I agree with that, but that is what they are doing.)
I am Zimbabwean but as long as Zimbabwe at the UN general assembly keeps hating Israel no matter how many minerals we have in our country, we will never prosper Number 24 verse The nation is like a mighty lion; When it is sleeping, no one dares wake it. Whoever blesses Israel will be blessed, And whoever curses Israel will be cursed.” Zimbabwe has been cursing Israel together with other African countries. That's the reason we are poor. We have been cursed. the day we will start blessing Israel that's when blessings will flow.
@twen7y2 what happened to being positive? 😢
Zimbabwe 🇿🇼 it’s our time now to shine in this world. Making money is an action. Keeping money is a behavior, but Growing money is wisdom....
That’s cute until greed destroys it
African countries need to take advantage of the money they received from their resources and develop internationally. Think of petroleum and the Middle East, UAE started the same way and now look at Dubai!
What China doing in Zimbabwe is way better than colonial exploitation but it could be even better if Zimbabwe negotiates openly and assertively. China ain't a charity and they will seek their own interest as they should but Zimbabwe should make their interest clear and maximize it. Idk what the west is doing except for lecturing Zimbabwe how China is bad but if they wanna compete with China fairly, it's even better for Zimbabwe.
Id take any white colonist over a Chinese man. I'm from Asia and know how Chinese bamboozled what they considered lower class
USA says Zimbabwe needs democracy and turn it in to Syria.
Ok chinese bot and the chinese bot likes
The chinese show africans a lot of respect and yes though it isnt a charity case it shows that they are willing to treat africa as equals instead of the usa looking down on africans.
@@sew_gal7340 Really
If Afrikaa can come together and speak with one in voice.
The mines should be owned by the people of that country.
Wake up Afrikaa.
One sanctioned the other invested ☝🏾🎯
That's true but I think it's a bit more complex. The West hold the countries they invest in to a higher standard, they don't always follow through with that, but it is a factor. They prefer not to invest in countries with dictatorships, unstable democracies, political violence and civil unrest. The Chinese do not care about these factors when investing in a country and are held to a much lower standard when it comes to giving back to the communities and operating clean projects.
I have worked on sites in Zimbabwe that are run by Canadians and sites run by Chinese. The Canadian sites build long lasting infrastructure, pay and treat the labour well and uphold extremely high safety and auditing standards.
The only Chinese sites I have been on have been to repair the work they have done. Shortcuts are taken at every possible opportunity, with major safety risks. The Chinese treat the labour and indigenous managers with distain and wreck the environment with no regards to cleaning up and rehabilitating the area.
From what I have seen it is obvious that investment from the west is much more beneficial to the African countries than investment from China or Dubai. But we hold the west to accountable for investing and empowering corrupt and violent governments and we don't do the same to the Chinese.
Just my two cents
Yep China saw a loophohole, the problem is that they don't give a $hit about human rights or pretend to like the US, that is what African gvts love about China, it lets you abuse your citizens with impunity, also they don't care, in fact under the table handshakes and payments are a norm. That guy was right the US kept looking at us through a wrong lense, however sanctions are not the reason we are suffering, corruption has been mastered in Zim that you need good education to understand it then get angry about it. Still waters run deep, remember that
@@shwetyballs I thoroughly enjoyed your insight but regardless of all, in particular the wests policy of sanctions at all cost detests of colonial remnant politico. It's we don't like this land redistribution policy even with agreed treaties. So seriously enable 5% of the population to control 80+ of the economy, is that wise for any nation. They shouldn't have such economic power over a government and people its beyond monopolistic.
Then that REDRESS we sanction at all costs after such breach of dialogue and trust. Look east policy and along came China with an alternative, long-sightedness* then the westen world now crys foul 🤔.
It's policy and approach change for the west or else lose the strategic opportunities, simples
@@afrofy2431 I heard there are less than ten people (from being two thousand) who own any farms or any significant land holding in Zimbabwe and who are Zimbabwean but with a white skin complexion... Is that true? Also, did all the revenge against the white people there get concluded under the previous Mugabe political dispensation, or is it still continuing under various different guises? Or am I somehow mistaken in this??? Also how do the Chinese treat Zimbabwean workers in general, are they well-paid, for example?
On farming, I encourage you to look at the increased agricultural output in the post-Mugabe years. Record wheat harvest last year and maize/corn is set to be unprecedented this year. This is mainly driven by young black Zimbabwean farmers, including myself (after leaving the corporate world), using new land policies in place which penalise those who do not commercialise their land. Plenty of upsides in horticulture, cotton, soybeans and tobacco with a large share of exports to the Middle East and Asia. There's huge potential for growth as this is still in its infancy and acceleration of mechanisation which I see happening on the ground.
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The one thing about being successful is working towards it and not the other way around
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I pray for the resurgence of Zimbabwe...They have been looked down upon for too long now.
The Chinese run bikita minerals is a joke for the locals. My brother in law is working there as an engineer on industrial attachment and they don't even pay a cent or even offer transport, on top they are given the exception to export raw lithium yet they don't even develop the area
Zimbabwe is a periodic table of elements one day we will master it.
China and Zimbabwe relations goes many years back. During Zimbabwe's early struggle after WWII to liberate itself from western colonization China supported Zimbabwe. That is one of the many reasons that China and Zimbabwe still have close relations and engage in mutual cooperation. Instead of criticizing China Western countries should be supportive of China-African relations. A prosperous and stable Africa is a good thing for the rest of world.
All the best to our Zimbabwean brothers and sisters. God bless u
I'm sure the Chinese have no problem processing the lithium in Zimbabwe, just like they do with the nickel in Indonesia. The west on the other hand will reject this, just like they do with the nickel in Indonesia. The west even sue Indonesia in WTO for banning the export of raw nickels.
Ahh yes, they're only view themselves as morally righteous beings will given zero help in propping up other countries economy except the country is Western-aligned. Hell, they even economically sabotaged their own allies at time.
Just look what the U.S. did when Japan almost overtook the U.S. economically in the 80s.
You can replace "Zimbabwe" with "Nigeria" and replace "Lithium" with "Crude Oil" and the story will sound exactly the same.
Something is not right with Africa.
It would be better to barter natural resources for technical know how.
Less money lining the fraudulent leaders.
people be ready to sell out the whole future of a country for the fortune of a few and it will keep happening as long as the US dollar is their reserve currency. Africa needs their own dollar for trade and a strong military so they can set the prices and defend their resources when need be
The USD is not Africa's problem. African "leaders " is Africa's problems
It’s called having a corrupt government with short term focus.
🤔
As a Zimbabwean im in so much pain when I see our natural resources being exported whether lawfully or unlawfully...we are supposed to MANUFACTURE EV BATTERIES AND MANY OTHER FINISHED PRODUCTS NOT EXPORTING NATURAL RESOURCES..IN ADDITION WHY CALL CHINESE TO MINE OUR LITHIUM WHY SHOULD NATURAL RESOURCES MINES OWNED BY CHINESE
Open up a manufacturing plant, whats stopping you
Nothing is stopping Zimbabweans from doing this.
The problem is africans sit back and therefore now lack knowledge and skills necessary to do these things. Meanwhile Europeans, Americans and Asians never slow down on their inventions and constant quest for knowledge.
@Rhamona Edopu There isn't enough money going into education to effectively educate many of the population. It's the government and their allocation of funds that effects the country.
@@solomon2532 Also creativity and education don't necessarily go hand in hand. No one is going to teach you to invent anything. It's just going to teach you what other people already invented and other people are already experts at. You have to make something new. That's why no one can beat Germany at making cars. They invented them and although others have imitated, they haven't been able to match the quality. Even if africans started manufacturing cars, phones etc they would not reach the level of the already established industries. That's why it must be new things that no one has ever seen before. Even foreigners are not willing to share all their knowledge. So education can only go so far.
ITS HIGH TIME WE BRING THE SKILL WE GOT ALL OPVER THE WORLD
I hope they are building the plants in the country end to end and exporting not the other way round.
Been trying to get a lithium mining claim for months now. We will get it but the road is tough. Many people along the process need heavy bribes because they think I have money 🤦🏽♂️ (I’m vying to get a free mining claim bro, I don’t have money duh🤷🏽♂️). Zimbabwe is ours and you’re making it hard for us Zimbabweans who are trying to grow the country and help others too
Are you form eu
@@firstpostmaster he's obviously Zimbabwean
@@Priapus212 I heard most of the African mining industry is regulated by mafia EU
Just go do exploration on a gold or chromium mine. A lithium mine might get complicated with a future policy coming. Don't say I didn't advice you.
Get back to work my battery is almost dead
I really hope Africa keeps the U.S away from the continent and they get rid of the European remnants that still plague the continent.
OK Wumao, they consider it.
@@JigilJigil what the hell is a Wumao?
@@dekyne3227 A term used by brainwashed americans
@@dekyne3227 a term for Chinese bots that post anything that doesn’t promote China hate
@@dekyne3227 he is typical bot roaming and spamming everywhere, just ignore him
Zimbabwe and other African countries must scale this up by demanding contracts that include factories that make products from minerals even it s sma factory. You can learn and scale up in size as market grows.
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Let's face it... buying more stocks & index funds during stock market corrections and bear markets is scary. Which makes it really hard to do for most people like me. I have 260k i want to transfer into an s&s isa but its hard to bite the bullet and do it.
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suddenly, Americans care about Africa. 🤣🤣🤣🤣🤣🤣
Bingo
They sanction them for independence from EU.
Africans need to care about themselves. Crazy Africa gotta depend on outside countries to build itself up, but then be angry at outside countries when it's been decades
Screw them...
Americans have always cared About Africa for a very long time you forgot USAID.
Go on Africa 💪 dont let know other country bully their way into getting YOUR precious metals 🙏💚
I mean, they literally are. They sold out to the west, and now they're selling out to the CCP. Their leaders are talking out of both sides of their mouths. They say this is all about the nation, but then negotiate with the CCP in secret.
2:14 this man--Whoever comes to Zimbabwe, no1. Respect Zimbabwe people.. no2....(CNBC adds a cut) what a Great respect.😂😂😂
Long live to Zimbabwe and China. We welcome a partnership of equals, a win win partnership.
In the field of electricity and photovoltaics China is in the same position as the United States. But whether it is the nature of the industry chain of electricity itself or the reality of international politics, China is much more prudent and moderate than the United States when it comes to fighting for its own interests and dealing with international cooperation.
I think that stems from the fact that China has a history of being the ultimate middleman, where as the US has mainly profited off the backs of the imperial powers.
AFRICANS ARE OBVIOSLY A FEW STEPS DOWN THE EVOLUTIONARY LADDER.
IF NOT FOR WHITES THEY WOULD HAVE NO TECHNOLOGY.
Zimbabwe can set their own terms and invite other countries to tender for the project. Most important Zimbabwe will have to share technology with the other countries and must employ Zimbabwe consultants, engineers and local Labour etc.
Lol, all 14 of them
Zimbabwe is a socialist country so thieving westerners are not allowed in the country
Nothing is stopping you. Apart from your corrupt and weak politicians who only care about enriching themselves instead of bringing up the people.
@@neilrichardson7454Zimbabwe has one of the highest literacy rates in the world. There are lots of Zimbabweans working as consultants and any profession you can think of in Zimbabwe and in the Diaspora. Bigotry is not a good look.
@@dingahaban2288 nor is lying. Being able to read isn't a flex. What Zimbabwe lacks are engineers and STEAM educated individuals. That's why they need foreign aid, assistance and individuals to mine and build their own countries. But hey!!! The black Zimbabweans can read👍👍
The American Government is crazy for allowing China to have such a powerful presence in Africa. We will regret taking Africa for granted
The Biden regime is more worried about Ukranie/Nazis , military industrial complex...
@@Dobacat China and India’s population is over a billion each. The US population is only 331 million but controls 1/4 the world’s economy. Let that sink in
It’s very important what is being discussed here, africa should have the loudest voice over how the minerals get extracted and exported and development should go beyond just extracting the resources, it should go towards empowerment and bolstering dignity of and within the African continent
You only get a loud voice when you are a powerful nation. If they want a place at the table then need to grow into a power then you get your seat.
It is all about profit.
Creating an OPEC like organization for rare minerals allows for transparency and better control of our resources
Lithium is NOT rare. Get a reality check.
@@centurione6489 you are being factitious, oil isn't rare either
@@centurione6489 yeah you're right I just found some in my creek in my backyard. I'm glad I listened to you. You're brilliant. You should run for governor. Man it's all over the place
Thats actually a good Idea assuming no internal corruption this body can keep control and stability over the minerals exported by western companies.
@@williamthebonquerer9181 shu+ up 6!+ch
I love so much African country ♥️🙏
The US goes to Africa, Africa gets a lecture about China.
China goes to Africa, Africa gets new infrastructure to help export their minerals.
Hopefully the Zimbabweans will take part of more of the value chain, earning more income, push for tech transfers, invest in r&d so they can have native mining companies rather than simply exporting the raw mineral like some chump. Sadly I won't hold my breathe.
No. Hopefully the Zimbabwean proletariat take ownership of the companies.
@tempejkl Competent nationalization along the lines of other well run state entities in Singapore for example maybe but if it's seizure of assets to give to the politically connected few, well good luck.
It is just a dream...Lithium will go the same way diamonds went ! ! Those politically connected will benefit BUT the country will continue to suffer ! Unfortunate, though it is; but that is the REALITY in present day Zimbabwe.
AFRICANS ARE OBVIOSLY A FEW STEPS DOWN THE EVOLUTIONARY LADDER.
IF NOT FOR WHITES THEY WOULD HAVE NO TECHNOLOGY.
@@joebloe1401 You are " a few steps down the evolutionary ladder" ! All races have contributed to new developments in technology. The ONLY thing is that you do not know about it..Give yourself a chance to learn and be informed. And you will become a better person ! FYI, black women mathematicians contributed to space travel !
At least China wants to help us process our natural resources, in exchange to sell it for them, so that they can process it even more, until it becomes the battery type they want, they'll benefit from the cheap labor and good reputation in Africa in the long run, further aligning Africa with China, rather than the US.
Long live my homeland, Africa. From Ethiopia 🇪🇹
Big mistake. We somalis are building roads, highways, and even ports without any help. Somalis are self sufficient and all the meanwhile fighting American CIA funded al-shawarma group.
China doesn't help you, they send their own workers and contractors there, and your presidents let them. If there's something you can point out is that at least they give you money back while exploiting your resources
@@nocapnobs7845Somalia is like a warzone lol. Ally with China or be poor forever.
Careful what you wish for.
@@xerogue stop pdf-file little children you slav. The only poor i see is the babooshka that gave you birth
Maybe it's time to woke up.
The land look so beautiful.🤩💕
The resources of countries belong to them and must find proper use for their own Development.If they allow too much for other countries usage then they would eventually pay a huge price for not having a Manufacturing base for production.
Interesting story. Hope prosperity to Zimbabwe people. Not become a victim of colonialism once again. Since history alway repeat it self If we don’t learn from it…
This time is different, I promise you. Africans have woken up from their somber and are ready to unite, hence the AU as well as trade blocks, one passport, and soon hopefully ONE currency like the EU. China is our brother!
Well, china invaded Vietnam for 1000 years but never succeeded. So don’t repeat the history in Africa, china
Selling raw materials is colonization.
Great video...as a Zimbabwean, I couldn't have said it better myself. Well done for interviewing actual Zimbabwean experts on the subject, not just some random person who took an "African studies" course in university.
For any Americans reading this, always remember that in every part of the world, your government ignores, China and Russia are more than happy to replace you. They have been at this since the 1950s when the US government decided to ignore most indigenous Africans, and only work with the minority white population in Africa, who make up like 2% of Africa.
For better or worse, China and Russia now have more influence in African countries than the entire western world. In order to counter these two, the US must be realistic and consistent in its dealings with the continent. The US-Africa Summit is a step in the right direction, but talk is cheap. The US will need to fix over 60 years of seeing Africa as a mere pawn and start recognising Africa's potential as a major geo-political and economic partner.
Yup exactly. And as we speak, France is getting kicked out of Mali, Burkina Faso and Guinea-Conakry. The neo-colonialism that France has tried to maintain has added fuel to the anti-west sentiment. The only way to reverse it is to come with better offers like the Chineese. The US/the west only got 2 choices: A) Make us develop like you helped Japan develop or B) Keep trying to play the neo/colonial monarch and watch as China and russia make western influence completly non existent and be africa’s main partner for the next 50-100 years. In return, most likely, just like at the Ukraine war, Africa will now keep supporting the east over the west in those big conflicts and the anti-western sentiment will grow so big one day that it will reflect at the UN votes evry single time. Also, say bye bye to the cobalt of the congo (70% of the world’s cobalt comes from there). Without Cobalt and Lithium, the west has already lost the fight in technology of the future because they won’t even have enough to compete with chineese companies who have an abundance of those raw material.
I hope you guys don't craw back to the US when they treat you to a nice dinner for once after decades and kick the Chinese out after using them to get the daddy's love. Playing the 2 sides game is fine but if your friendship or loyalty isn't hard to earn, neither side will respect you and will drop back into everyone just trying to colonize you
From time to time on Reddit, I see comments saying that the West will come and help Africa beat China. I don't know what is even going on in such mentality...
The US and most of the West are much more focused on the Middle East and the resource it gets from them: oil.
@@supahotjoe6493 Nobody can help Africa except yourselves. Japan had robust institutions and minimal corruption. Congo has none of these things. This is why China can make billions upon billions from electric battery with African natural resources yet Africa is still under developed. You think the leaders of Congo won't happily sell resources to the west if the west bribe them enough? Ofc they will. It is one of the most corrupt country in the world. Instead of putting your hopes and dreams on China, Russia or the west to "help" you develop. Africa should fix its own problems in governance, after which point, investment will come naturally.
Balanced report. Good journalism
I wonder if Zimbabwe can start adding in refineries that the artisanal miners can sell their stockpiles to
Fantastic video. More on the mining industry in Africa please.
Zimbabwe is in dire need of democracy and freedom.
Lmao they can come try. This time we got russian arms. Good luck, F around and we reverse engineer those weapons and keep y’all out forever like Iran reverses engineered US drones.
The freedom given freely is only a guise for another shackle. If you want an example of democracy in Africa Just look at what happened in ghana.
US tried that with MORGAN TSVANGIRAI, but failed miserably.
Once again RUSSIA helped ZIMBABWE lil bit to keep that Western backed Fool, in a quite place.
It has that
Only that this time they can’t spread “democracy and freedom” to Zim as the country has massive Chinese investments, basically Zimbabwe is protected.
Farai is very articulate and is able to precisely pin point the issues. Hope he can help Africa and his country to win back the rights to their own natural resources for its people.
Unite, hold together and decide together, so that no one can talk to you anyhow or oppress you through neglect or sanctions.
Unity is strength. Africa must unite.
As a Zimbabwean I am doubled over laughing hearing people try to pronounce "Mnangagwa" 😂
Taura zvako, it's always a treat to hear Americans try pronounce Zimbabwean surnames lol
Don't be naughty Bari😂😂😂
HARAMBE
Well they have to learn it, because he is not changing the name to Steve 👍🏾🤣
Emmerson Man-Agwagwa🤣
I hope they plan on producing the end products themselves otherwise they are fools.
With what skills and capital?
That would be ideal but what will happen is China will bring in their own skilled labors and they will oversee everything. We've seen them do this is in several other territories. If the Zimbabwe leadership was smart they would negotiate proper infrastructure and training that sees locals either leading or creating a path for skilled workers.
Zimbabwe's dan China 👍 kerjasama, semoga sukses dan dapat dirasakan manfaatnya 👍 oleh rakyat Zimbabwe's, Amiin
Travelling around my farming village and area the amount of lithium Zimbabwe has is staggering. Managed impeccably and with integrity we will be the next Dubai. God speed...
When I was in high school 30 years plus ago, my high school history teacher said that Africa Continent is dark continent. China has been helping Africa since early 1980s, and they have been building insfructures in Africa Continent for many years. ...The Chinese actions in Africa have been noticed by the Western Media and their politicians lately.
China when they wake up are mainly interesting with trading with everyone and being the middle-man for everything.
China is not helping Africa they are just exploiting just like west has been doing
BECAUSE AFRICA recognized this 🇨🇳 China not this 🇹🇼 (Taiwan) as China. The power China have in the UN is on Africa's vote.
even here on you-tube Reagan secret tapes... he went balistic that Africa voted to recognized the new China and put them on the UN Security Counsel
Source: Ronald Reagan called African diplomats ‘monkeys' in call to Richard Nixon - audio
and yes he knew even being recorded The USA government will protected him. The audio was release in 2020.
Ronald Reagan born 1911 -2004. President 🇺🇸 1981-1989 𝓉𝒽𝒾𝓈 𝑔𝓊𝓎 𝒽𝒶𝒹 𝓃𝑜 𝒷𝓊𝓈𝒾𝓃𝑒𝓈𝓈 𝒷𝑒𝒸𝑜𝓂𝒾𝓃𝑔 𝓅𝓇𝑒𝓈𝒾𝒹𝑒𝓃𝓉 but he was protected
The west didn't help develop much post colonisation
@@happyguy2k Africa can only develop itself, neither will china do
“Many of Zimbabwe’s mines are Chinese owned.” Shock of shocks. Yes, China is such an ally of Zimbabwe.
It boggles the mind after we saw the horrible racist abuse Africans in China suffered when COVID started that they would ever deal with China.
Will watch it later 😊interesting 👍
This beat go hard🔥. Shout out to Ghana ✊🏿🇬🇭I’ve saying this for years
No benefit of having a lithium resource without the processing and manufacturing. Zimbabwe is in a good position to negotiate construction of manufacturing facilities in exchange for mining rights. Once there is manufacturing development will come naturally, at a scale not seen in Zimbabwe before.
yeah, i'll go set up a business in zim, invest my life in it, then get it confiscated by the govt. it's probably the riskiest investment u can make, i'd rather buy crypto🤣
@@Incip1 Zimbabwean government does not confiscate people’s businesses. You should do more research on the country, visit the land and consult with the chamber of commerce.
While politics and business tend to mix as with any other country there is increasing space for real business and investment.
I’m very happy to hear that my African brothers Zimbabwean making progress while the west sanction against our brothers failed miserably.
Chinese and Africans have been in the relationship for a very long time, no matter how the West and US sanctioned them. They have been together thru the good and bad times.
@@RarelyCorrect American bot
@@RarelyCorrect White Trash
As a Zimbabwean trust me there has been no progress at all in Zimbabwe lmao. It's even worse than it was 20 years ago.
The Zimbabwai GDP per capita is $1,700 US dollars. That is 20x less than a person in the USA. The only person getting rich is the President of Zimbabwai who took bribes from China. The people there will see none of the money.
These are the kind of projects we're wanna see happening for our mama Salone for sure. I've also learn this government has signed an agreement with FAF global to construct 5000 affordable homes 🏡. For me, this is a game changer for all Sierra Leoneans 🙌🏿 👏🏾 I'm no politician. All i wanna see as a true Sierra Leonean is someone who could come and make a difference for all. As far as I'm concerned, this current government is beginning to do just that in my opinion.
All these minerals highlight the importance of owning the land. Not only in Zimbabwe but through out the continent. With time we will learn to be efficient custodians
100%🎯
AFRICANS ARE OBVIOSLY A FEW STEPS DOWN THE EVOLUTIONARY LADDER.
IF NOT FOR WHITES THEY WOULD HAVE ZERO TECHNOLOGY.
Does Zimbabwe manufacturer it own electric batteries? Why did Zimbabwe need to invest in China? Why not invest in themselves.
I hope every African country can control the various locusts that want to come in and reap their resources, especially the most obvious ones.
Amazing! Let’s go Africa
There should be no foreign ownership of mines !!! Why can't African officials make lease contracts???💯💯💯
What a brave move, congrats Zimbabwe
It is similar policy and similar move that Indonesia has doing
@Zaydan Alfariz obviously you don't understand how economic growth works in the world. You start with the primary industries such as mining and agriculture. When you've maximized production then you move to the secondary industries such as manufacturing and construction. When you maximize productivity in that industry then you move to the tertiary industries such as banking and logistics. Then you move to quartenary industries such as IT and Nanotechnology. Step by step buddy.
Be careful of Europe my Zimbabwean friend
Europe better than the East
They know about Europeans very well, go read the countries history if you have time
@@markmax3112 Is it because the cotton in the farms of Europeans is whiter, and you prefer to pick it?
Balanced reporting - refreshing in this era.
Really pathetic how all other countries can come and just strip African countries like how is most of the mines owned by Chinese like how did that happen. Seems like Zimbabwe lacked foresight smh
This was a well done video 👍 was a expecting a lot of propaganda because (western media) but you done a good job and the information was accurate I give you that.
Is there any propaganda in Africa?
@@jimmycricket5366 yea the US usually lobby's the opposition party so that when or if they ever get in power, they will have a country leader on their side. So their media will usually only talk about the terrible stuff of a sitting leader and what not so was used to that... But I have to give credit here this was a well done video and pretty accurate ✅
We didnt get any opinion from the gvt.so its still kind of biased.
@@platinumsounds7264 I hear you but you know the gvt is always going to say nice things lol
True it was somewhat balanced. Though China is exploiting Zim's resources for a cheap price
10:59 - 11:36 this here is the reason why alot of African countries are always on the side of the Chinese, Indians and Russians. They have helped with independence and being friendly from way back but people are only starting to see that now.
Don’t know how we are the 6th largest and still people are in struggle, what message is this sending!
The feeling of coming from a very rich family but having to go to school with socks with holes and an empty stomach,that's how it feels bieng a Zimbabwean citizen 🇿🇼🇿🇼🇿🇼🇿🇼🇿🇼🇿🇼🇿🇼🇿🇼🇿🇼🇿🇼🇿🇼🇿🇼🇿🇼🇿🇼🇿🇼🇿🇼🇿🇼🇿🇼🇿🇼🇿🇼🇿🇼🇿🇼🇿🇼🇿🇼🇿🇼🇿🇼🇿🇼🇿🇼🇿🇼🇿🇼🇿🇼🇿🇼🇿🇼🇿🇼🇿🇼🇿🇼🇿🇼🇿🇼🇿🇼
China goes about things as a group with a cohesive long-term plan. The US is disjointed with random American companies dictating the relationship with Africa with no collective goals except their own self-serving ones.
Greg gets it. We don't need self serving companies dictating to us and trying to exploit us. Those days are over.
Also, our relatively short term government, established as a check against power, have increasingly worked antagonistically to progress of previous terms. Our government has trouble fulfilling long-term or large goals any more. China doesn't have these limits, thus foreign relationships are potentially more stable.
What improvement have the Chinese brought to the ordinary Zimbabweans? Life is worse now than it was under Rhodesian rule.
@@tatendajavangwe6395 Still better then what the west would do
@@mahfujkadir8973 It's obvious that the US would have liked leverage over other countries by limiting who controls the resources mined by these African countries. I don't believe either country has the best in mind for the African countries' citizens. It probably will take time, but it still looks like there are few Africans benefitting from the raping of their countryside, even though their countries are the "Belle of the ball" in terms of demand for raw resources for tech. It's most likely due to them having such nascent governments, believing short term gains will make them a leader on the global stage. They didn't have the infrastructure, so China stepped in to fulfill that role.
Thank god Zimbabwe and Malaysia have long standing relationship.
Great thank you
Brick upon Brick, Zimbabwe is Rising. Beneficiation of our Mineral Resources is the way to go.
Basically the theme of Black Panther playing out in real life
Exactly, we hold all the cards.
Lithium is the new oil and it is sad these countries do not build up their infrastructure and make life better for all the people of their country. Look at Saudia Arabia and Emirates. At least they elevate their people lives even though the oligarchs keep high percentages of the wealth.
The Saudi's and Emirates also have indentured underclasses to do hard labor for their big projects - the hardships and human rights abuses are just put out of sight.
There Needs to Be One Big Africa Company that Runs The Entire Africa Resources Africa President Must Insure This Happens It Will Benefit Each an Every African Country They Need to Realize This
Artisanal mining. This is a very creative use of the word "artisanal."
These kinds of decisions regarding the mineral wealth should be handled by the SADC region, or the Southern African region - not individual countries..
Exactly, we should collectively bargain for our minerals.
Correct
Correct bro
What is SADC Congo has moved to East Africa block SADC only benefits South Africa where other african migrants are targeted
Since lithium, cobalt, and some other elements are basically the new oil .... how long will these resources last for the needs of the future.
Not long if we are talking about replacing all gas-powered vehicles with lithium NMC battery powered vehicles. More than likely the auto industry will switch to an alternative for energy storage than something designed for laptops and phones. To me Lithium NMC batteries make no sense for an automobile because of its low thermal runaway temperature. It's simply not safe when charging. There are safer alternatives like Lithium Iron Phosphate.
They can be recycled
@@itaizimwara9929 the price will have to go to multiples of what it is now to cover the cost of doing that. Even the silver in cell phones isn’t recycled because at current prices it costs to much.
It's always important to control the prices which is not a one country job but that of all mineral producing countries.
It is MORE important to control politicians than it is to control price. So you want to control how much the politicians get and you still get NOTHING.
@@bernventer5949 How long have you lived in Africa and how many African politicians have you successfully controlled ?.
Good to see money going into productive and capital investment rather than stock market speculation. World tends to forget it has been the chinese labour, and rare minerals of all countries and american capital that has helped put a cheap mobile in every hand in the world. Trade is always good. But a healthy skepticism is always needs to make sure things don't go south as it did in 2008 when capital dried up.
Let's build a better world 🌍 for all. Trade is better than wars and internal conflicts.
There's a lot wrong with this. You could invest in Chinese teaching to equip Zimbabweans with the knowledge to run their mines effectively. Then ask for equipment. And then you can have a homegrown globally competitive lithium mining sector... I'm sure all these "artisans" would have been down with that. But TF do I know, I'm, not a politician, economist, etc... but something doesn't feel right. It feels like the same story with new faces. And the lack of transparency doesn't help. If there was transparency and an equitable deal behind the scenes I could support it
Zimbabwe has an accredited school of mines with many experienced graduates, this can be capacitated with funding and equipment. Primary and secondary education can be modified to cater for mining sciences/technology
it's the same tactic China uses everywhere, they set debt traps and make the countries feel like they are benefitting. Meanwhile they bring in their own skilled workers and ensure that when the country defaults on payments that they own these infrastructures.
I totally agree with you why call CHINESE , Australians etc to mine your natural resources, so many brilliant young minds im Zimbabwe who could be send to schools learn how to process and manufacture EV batteries ,learn mining in general,in addition equip all local people with knowledge and skill so they mine and manufacture complete products which have more value than just exporting minerals, 90% of our minerals should be used here in zimbabwe 🇿🇼 not exported
China isn't a charity. The won't teach Zimbabweans for free, much less give their own equipment for free, only for Zimbabweans to sell lithium back at market rates.
@@andrei-jg6gd Because to process and manufacture batteries, to educate people and even to mine it in the first place, you need the capital to invest in people and equipment.
Zimbabwe has very little to no capital.
15:43 the elephant in the room is corruption.
Well said.
As a Zimbabwean ,in South Africa ,our leader is very stupid in mind ,He selling 10 , something billion dollars lithium he fails to supply free schools and hospitality and also to share us million dollar for a person since we are 15 million in population
Africa will become the next super continent in the next 10 years!!!
Nope. Too much corruption
No one:
Murica: Looks like Zimbabwe needs some freedom *Bald Eagle shrieks in the distance* 🦅🇺🇸
China: Be sure to pay 10,000 % interest, Zimbabwe!