Capital Wire News
Search
  • Business
  • Global
  • Market
  • Stock News
  • Technology
  • Economy
  • Energy
  • Personal Finance
Reading: Zimbabwe Halts Raw Mineral and Lithium Exports
Share
Font ResizerAa
Capital Wire NewsCapital Wire News
  • Business
  • Global
  • Market
  • Stock News
  • Technology
  • Economy
  • Energy
  • Personal Finance
Search
  • Business
  • Global
  • Market
  • Stock News
  • Technology
  • Economy
  • Energy
  • Personal Finance
Follow US
Home » Zimbabwe Halts Raw Mineral and Lithium Exports
Economy

Zimbabwe Halts Raw Mineral and Lithium Exports

By
Last updated:
3 Min Read
Share

Immediate suspension announced

Zimbabwe has suspended exports of all raw minerals and lithium concentrates with immediate effect, according to a statement released Wednesday by Mines and Mining Development Minister Polite Kambamura.

The directive applies to all shipments, including minerals currently in transit. Authorities described the decision as being taken “in the national interest” and called for cooperation from the mining sector.

The government said it remains committed to strengthening transparency, domestic value addition, beneficiation and compliance in the export of the country’s mineral resources.

Stricter controls and export review

The move accelerates an earlier policy that had planned to ban lithium concentrate exports starting in January 2027. That timeline was originally intended to push companies to process and refine lithium domestically rather than exporting raw materials.

In correspondence sent to Zimbabwe’s Chamber of Mines, the ministry indicated it would review export procedures due to concerns over ongoing malpractices. Officials stated the review aims to curb leakages and improve system efficiency.

Lithium’s strategic importance

Zimbabwe holds the largest lithium reserves in Africa and has sharply expanded production in recent years. In the year ended December 2025, the country exported 1.128 million metric tonnes of lithium-bearing spodumene concentrate, an 11% increase from the previous year.

Much of Zimbabwe’s lithium concentrate has been shipped to China, where it is processed into battery-grade materials used in electric vehicles and renewable energy storage systems. The government is now seeking to capture a greater share of value from the global energy transition by encouraging domestic processing.

Chinese investment and local processing plans

Chinese mining firms including Zhejiang Huayou Cobalt, Sinomine, Chengxin Lithium Group and Yahua have invested heavily in Zimbabwe’s lithium sector.

Huayou has constructed a $400 million facility to convert lithium concentrates into lithium sulphate, an intermediate product that can be refined into lithium hydroxide or lithium carbonate. Sinomine has announced plans for a $500 million lithium sulphate plant at its Bikita mine.

Economic impact

Mining is Zimbabwe’s second-largest contributor to gross domestic product after manufacturing, accounting for 14.3% of national output, according to World Bank data.

Officials said further engagement with industry stakeholders will take place to clarify expectations and outline the next steps as Zimbabwe reshapes its mineral export policies.

TAGGED:battery grade lithium production AfricaChinese mining investment Zimbabweglobal clean energy mineral demandin country beneficiation policylithium sulphate plant Zimbabweraw mineral export suspension Africaspodumene concentrate shipmentsstrategic minerals supply chain controlsZimbabwe lithium export ban 2026Zimbabwe mining GDP contribution
Share This Article
Facebook Email Copy Link Print

HOT NEWS

Gold-Shines-as-Copper-Faces-Trade-Pressures-scaled

Gold Shines as Copper Faces Trade Pressures

Commodities
inflation-eases-in-january,-rate-cuts-eyed

Inflation Eases in January, Rate Cuts Eyed

U.S. inflation cooled more than expected in January, offering cautious optimism that price pressures may…

kosovo-veterans-rally-against-eu-backed-war-crimes-court

Kosovo Veterans Rally Against EU-Backed War Crimes Court

Thousands of Kosovo war veterans rallied in Pristina on Thursday to protest an EU-backed court…

new-u.s.-tariffs-may-raise-prices-for-everyday-goods

New U.S. Tariffs May Raise Prices for Everyday Goods

American consumers are bracing for rising prices as the Trump administration rolls out a sweeping…

YOU MAY ALSO LIKE

Falling Mortgage Rates Spur Refinance Wave

Rates see steady decline U.S. mortgage rates are sliding, creating fresh opportunities for some homeowners to refinance. The average 30-year…

Economy

European industries brace for Trump’s tariff threat

Greenland dispute triggers new trade tensions U.S. President Donald Trump has threatened to impose a new wave of tariffs on…

Economy

Markets Brace for CPI Report Amid Data Reliability Concerns

Shutdown, Staffing Cuts, and Political Pressure Cloud Inflation Picture All eyes are on Friday’s September Consumer Price Index (CPI) report…

Economy

Tariffs Push Housing Costs Even Higher

New Levies Hit Home Goods President Donald Trump announced new tariffs on housing-related goods that could make remodeling and decorating…

Economy
We use our own and third-party cookies to improve our services, personalise your advertising and remember your preferences.

Links

  • About
  • Contact
  • Privacy Policy
  • Terms & Conditions

© 2025 Island Marketing. All Rights Reserved.

Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?