In his recent statement, Haji Ali Hussain, the esteemed founder and principal shareholder of Kinticha Mining, situated in the Kanticha region of Guji Zone, Dermi Dama District, within the Oromia Region, expressed his gratitude and enthusiasm. He announced that the first lithium mining machine in Africa is scheduled to arrive in Ethiopia next week.
Lithium is undeniably one of the most coveted mineral resources globally. This mining sector plays a pivotal role as a primary source for electric vehicles, electronic devices, chemicals, pharmaceuticals, and lithium-ion batteries. Notably, it stands as one of the most abundant mining sectors in Ethiopia, as highlighted by Samuel Million, a fellow shareholder of Kinticha Mining and a member of the company’s board.
The shareholders have disclosed their plans to convene a comprehensive press conference, set to take place at the Sheraton New Hotel next Tuesday. This event will provide a detailed overview of the remarkable endeavors undertaken by Kanitcha Mining.