Deccan Gold Mines Ltd announced that its subsidiary, Deccan Gold Mozambique LDA, has successfully completed its first export of lithium ore to China.
The initial shipment totaled 150 tonnes, with a grade of 2.5% Li2O, sourced from one of the company’s licensed areas in Mozambique.
“This marks a pivotal milestone as we expand our operations to meet the growing global demand for lithium, essential in producing batteries for electric vehicles and renewable energy storage systems,” the company stated in its exchange filing.
Deccan Gold Mines’ Mozambique unit plans to increase shipments to nearly 1,000 tonnes per month soon. The product lineup will also include higher-grade spodumene (4% Li2O) and lepidolite (2% Li2O), enhancing the company’s market presence.
Ongoing exploration across its licensed areas in Mozambique is progressing, with a bulk sample being sent to South Africa for beneficiation tests to optimize the process plant flow.
A 100-tonnes-per-day processing plant is expected to be operational by the end of 2025, with an annual production target of approximately 7,000 tonnes of high-grade lithium concentrate (4%-5% Li2O).
The plant will also produce concentrates of tantalum, cesium, gallium, and beryllium, expanding Deccan Gold Mines’ offerings to critical minerals used in electronics, aerospace, and renewable energy technologies.
