Zimbabwe will ban the export of lithium concentrates as of January 2027 to boost local processing and refining industries. This follows a previous ban on unprocessed lithium ore exports. Mines Minister Chitando emphasized the need for investment in lithium sulphate facilities. The aim is to enhance economic value and job creation in the sector.
Zimbabwe is set to implement a ban on the export of lithium concentrates, starting in January 2027. This decision comes as part of broader efforts to encourage foreign mining companies to establish processing and refining operations within the country, according to recent cabinet announcements. Previously, in 2022, Zimbabwe had already prohibited the export of unprocessed lithium ore, allowing only lithium concentrates for export.
The government has mandated that lithium ore must be processed into concentrates before export to enhance the mineral’s value, create local jobs, and amplify national revenue. During a media briefing on Tuesday, Mines Minister Winston Chitando explained that the government aims to elevate its lithium production to lithium sulphate levels, a more refined product that is crucial in battery manufacturing.
Chitando outlined that from January 2027, only lithium sulphates will be permitted for export, and the sale of all lithium concentrates will be banned. He mentioned, “We do have two major players being Bikita and Prospect Lithium Zimbabwe who are in the process of establishing lithium sulphate plants.” This initiative signals the government’s commitment to increasing local processing capabilities.
These new facilities aim to add value to the raw materials, enhancing the country’s economic landscape and potential. Chitando urged stakeholders in the lithium sector to invest in these lithium sulphate plants or consider signing toll treatment agreements ahead of the impending ban. He stated, “So we would like to take this opportunity to call upon the players in the lithium sector to come together and collaborate.”
The push for these local processing facilities reflects a larger trend among African nations to enhance the economic benefits derived from their natural resources. By enforcing these stricter export regulations, Zimbabwe is aiming not just for immediate revenue but for sustainable economic development.
To sum up, Zimbabwe is taking significant steps towards enhancing the local lithium industry by banning exports of lithium concentrates starting January 2027. The government is pushing for domestic processing facilities to add value to lithium products, which could ultimately create more jobs and drive economic growth. With the call for collaboration amongst miners, Zimbabwe hopes to shift its mining sector into a more self-sufficient and profitable model.
Original Source: www.newzimbabwe.com
