Simbaubweb has the largest lithium reserves in Africa and it has been an absolute blessing to the Simbaubweb government. Up at a six months ago, Simbaubweb posed a ban on exporting lithium. They realized just exporting lithium wasn't really producing enough money and they were leaving a lot of money on the table. So they started to work more closely with the Chinese companies and first the Chinese they opened a couple of huge lithium mining plants. If I had to shoot correctly, the goal is to open about five different mining plants. But the goal of the Simbaubweb government is to start producing batteries and now they have stepped closer to that because yesterday working with the Chinese company they opened a giant lithium processing plant. Now this cost about 300 million and this makes it so that Chinese companies have already invested billion dollars. Polymphir show you what happened in the opening day of the plant. Simbaubweb in President Emerson Nengarwa and Wednesday commissioned a Chinese boat lithium processing plant, a demine in Goramansi district, some 40 kilometers east of the capital Harari. The plant had one of the world's largest hot rock lithium resources. The Arcadia lithium mine was constructed by the Chinese firm, Jojianwaiyou Cobote Company Limited from May 2022 to January this year. It has an installed capacity to process 4.5 million tons of lithium ore every year, from which 450,000 tons of lithium concentrate will be exported. Lithium is the mineral of the present and the future and its beneficiation and a value addition by Prospect Lithium's bubble will position our country as an imaging and competitive player in the global lithium value chain. This is indeed a vote of confidence in Simbaubweb's investment and addition Nengarwa said the plant would not only help the country meet its mining industry target of 12 billion US dollars by 2023 but also contributes to achieving the country's decision 2013 to fundamentally transform the bubble into an upper middle income economy. Now this processing plant has been operational since April which is a couple months and they've already made about 40 million on it. So this is the second phase. They've now stopped exporting just raw materials after this they will be exporting Prospect Lithium. Now they've agreed with these Chinese companies that the goal is to start producing batteries and they've done the feasibility studies. Currently Simbaubweb is not producing enough lithium to produce enough batteries but as I said before they're already working on opening 5 to 6 new mining plants and after those are operational Simbaubweb will be producing enough lithium that they are processing and then the goal is to open a factory that produces battery and let's not forget that Simbaubweb has been under sanctions for a long time. They're still under some economic sanctions and they cannot still operate freely in the international markets. The commitment of Emma Gagwa is to key reforms that we would clearly like to see as we continue and maintain this sanctions regime and then I'm curious about the influence of China perhaps in many of the countries in Africa but I'm curious what your perspective might be in terms of informing what is the area of bipartisan concern as China is growing influence on the continent. Mr. Tremont if I could 2022, Simbaubweb's president praised their quote excellent relations with China that followed the gift of a $200 million parliament building funded by and constructed by China. In 2021 Simbaubweb opened their national data center with China helped to build. The net ones in Bobweb stayed on telecom's network about 239 million from China since 2013. The purpose of the center is to gather information from the government and private firms that includes banks. So how can we do a better job in countering this Chinese influence in Africa? So the world is very exciting and it shows how important Simbaubweb's lithium is because China has invested billion dollars. Canada, US and England are also active. Elon Musk has said that he's interested in getting into the mining business in Simbaubweb. But the problem is that Elon Musk or all these different companies they haven't really discussed setting up factories that produce factories and I like the fact that even in the building of these mines, building of this process the people who work there, the people who build it, overwhelming majority of all the employees have been Simbaubweb's own people. Already thousands of people have been employed and after this factory is operation which is this, the people who will be working on it will be people in Simbaubweb. So they've actually made sure that Chinese companies won't just bring their own people to come in and work in those factories or in those mines. So I believe overall this is an absolutely amazing news. I think Simbaubweb has been very smart and from the beginning they have said they won't do the same mistakes they made with the corporate or with other things that they have because they haven't got enough money out of those natural resources. So excellent news, good to hear, absolutely respect to this in Bobbweb's government and I'll see you all on the next one.