Is battery storage a key technology for Mozambique's future?

Globeleq sees battery storage as a key technology for Mozambique’s future. Storage costs are expected to continue decreasing, so those systems will become more competitive and will be able to contribute more.

What is lithium consolidated (Li3) doing in northern Mozambique?

Further to the announcement dated 25th March 2019 Lithium Consolidated Ltd (“Lithium Consolidated”, “Li3” or the “Company”) is pleased to announce it has been granted three (3) new lithium exploration licenses in the Alto Ligonha Pegmatite Province in northern Mozambique (the “Mozambique Licenses” or “Licenses” (see Figure 1, below).

Why should Mozambique be a regional power supplier?

First, to ensure that Mozambique has reliable and cost-effective power generation capable of meeting its 2030 electrification goals. Second, to establish Mozambique as a regional power supplier of choice. South Africa has a critical shortage of electricity, and Zambia and Zimbabwe also require power.