The Fort Worth Press - Export ban sparks rush to process lithium in Zimbabwe

USD -
AED 3.673028
AFN 65.499756
ALL 79.240058
AMD 364.469921
ANG 1.789783
AOA 917.999836
ARS 1513.137196
AUD 1.389777
AWG 1.8
AZN 1.69298
BAM 1.680277
BBD 2.014159
BDT 123.275844
BGN 1.696366
BHD 0.37703
BIF 2990
BMD 1
BND 1.27202
BOB 11.57514
BRL 5.165803
BSD 1.000034
BTN 95.488638
BWP 13.399086
BYN 3.015872
BYR 19600
BZD 2.011237
CAD 1.38554
CDF 2274.9995
CHF 0.804345
CLF 0.023451
CLP 923.020282
CNY 6.72275
CNH 6.71984
COP 3167.87
CRC 454.397058
CUC 1
CUP 26.5
CVE 95.049679
CZK 20.737401
DJF 177.719748
DKK 6.41733
DOP 58.274984
DZD 132.880095
EGP 50.271695
ERN 15
ETB 160.590383
EUR 0.858596
FJD 2.191598
FKP 0.735639
GBP 0.735945
GEL 2.604798
GGP 0.735639
GHS 11.194966
GIP 0.735639
GMD 73.518945
GNF 8777.504007
GTQ 7.631607
GYD 209.218609
HKD 7.838985
HNL 26.880144
HRK 6.468402
HTG 130.827552
HUF 313.829501
IDR 17731
ILS 2.96645
IMP 0.735639
INR 95.506197
IQD 1310.5
IRR 1374575.000073
ISK 120.379821
JEP 0.735639
JMD 158.759069
JOD 0.708984
JPY 159.438497
KES 129.439646
KGS 87.449662
KHR 4045.000344
KMF 423.000604
KPW 900.000294
KRW 1382.14004
KWD 0.30855
KYD 0.833362
KZT 462.786202
LAK 22419.99977
LBP 89550.000217
LKR 328.549398
LRD 181.724979
LSL 15.980092
LTL 2.95274
LVL 0.60489
LYD 6.334974
MAD 9.26375
MDL 17.130314
MGA 4334.999888
MKD 52.853823
MMK 2100.008538
MNT 3596.251996
MOP 8.073746
MRU 40.098403
MUR 46.795771
MVR 15.459728
MWK 1735.999641
MXN 16.971203
MYR 4.0327
MZN 63.905032
NAD 15.970192
NGN 1343.630107
NIO 36.719756
NOK 9.323955
NPR 152.781477
NZD 1.68094
OMR 0.3845
PAB 1.000034
PEN 3.350985
PGK 4.428979
PHP 61.933959
PKR 277.550199
PLN 3.72344
PYG 5937.463755
QAR 3.64525
RON 4.514498
RSD 100.67598
RUB 85.935371
RWF 1470
SAR 3.75363
SBD 8.000128
SCR 14.594114
SDG 600.999688
SEK 9.52427
SGD 1.271375
SHP 0.740866
SLE 24.703345
SLL 20969.499227
SOS 571.490866
SRD 37.731977
STD 20697.981008
STN 21.35
SVC 8.750263
SYP 13001.999906
SZL 15.809833
THB 32.887504
TJS 9.225224
TMT 3.51
TND 2.895497
TOP 2.40776
TRY 48.134899
TTD 6.788034
TWD 31.693949
TZS 2647.502955
UAH 44.554757
UGX 3755.235293
UYU 40.198803
UZS 11824.999832
VES 786.285303
VND 26078
VUV 118.45632
WST 2.706367
XAF 563.56115
XAG 0.014453
XAU 0.000217
XCD 2.70255
XCG 1.802311
XDR 0.707052
XOF 562.511908
XPF 102.64961
YER 237.049806
ZAR 16.00577
ZMK 9001.223681
ZMW 19.025568
ZWL 321.999592
  • CMSD

    -0.0150

    21.145

    -0.07%

  • BCE

    -0.0450

    23.445

    -0.19%

  • RELX

    0.9150

    36.255

    +2.52%

  • JRI

    -0.0480

    12.392

    -0.39%

  • RBGPF

    0.8000

    70.69

    +1.13%

  • NGG

    -1.0400

    79.49

    -1.31%

  • CMSC

    -0.0050

    21.27

    -0.02%

  • RYCEF

    -0.3500

    20.8

    -1.68%

  • BP

    0.0010

    42.501

    0%

  • AZN

    -1.5850

    164.685

    -0.96%

  • VOD

    -0.0700

    15.87

    -0.44%

  • GSK

    -1.1470

    50.283

    -2.28%

  • BCC

    -0.9200

    79.02

    -1.16%

  • BTI

    -1.0500

    56.39

    -1.86%

  • RIO

    0.0800

    104.78

    +0.08%

Export ban sparks rush to process lithium in Zimbabwe
Export ban sparks rush to process lithium in Zimbabwe / Photo: © AFP/File

Export ban sparks rush to process lithium in Zimbabwe

Zimbabwe's ban on raw lithium exports is forcing Chinese miners to rethink their strategy, speeding up plans to process the metal locally instead of shipping it to China's vast rechargeable battery industry.

Text size:

The country is Africa's largest lithium producer and has one of the world's largest reserves, according to the US Geological Survey (USGS).

Zimbabwe already banned the export of lithium ore in 2022 and in 2025 announced it would halt exports of lithium concentrates from January 2027.

But on Wednesday it imposed the ban with immediate effect, leaving unclear what the lithium mining sector will do in the short term as Zimbabwe currently has no facilities to process lithium concentrates.

The move, which also included a blanket ban on export of all raw minerals, aims to capture the added value of refining and processing, thus creating jobs and additional government tax revenue.

But critics say the push to refine should have come sooner, with Zimbabwe already having lost out on several years of revenues for the hard-pressed local economy.

Prospect Lithium Zimbabwe, owned by Zhejiang Huayou Cobalt, has spent $400 million on a processing plant that should be operational in the coming weeks, its representative Patience Chizodza told state broadcaster ZBC.

It will reportedly be the first factory in Africa to refine lithium concentrate into lithium sulfate -- a powdered form that is one step closer to the product used in batteries.

The facility should be capable of handling 400,000 tonnes a year of concentrate.

The Zimbabwe state-owned Mutapa Energy Minerals is set to start work in the coming months on a similar plant, chief executive officer Innocent Rukweza told reporters earlier this month.

"We expect that by mid-year -- around June at the latest -- construction of a concentrate-processing plant will be under way," Rukweza said.

The $270-million facility funded by Chinese firms would be able to process 600,000 tonnes annually, he said.

- 'Too little, too late' -

Bikita Minerals, Zimbabwe's largest lithium mine and owned by Sinomine Resources Group, is working on feasibility studies for the construction of a lithium sulphate plant in December, spokesperson Tinomuda Chakanyuka said.

"The project, which will be developed in phases, represents an estimated investment of approximately $500 million from shareholders," Chakanyuka told AFP.

He said the facility will increase local capacity to separate minerals and "contribute to Zimbabwe's broader industrialisation and export diversification objectives."

Global demand for the soft, white metal was up 20 percent last year from 2024, with a key factor being EV sales growth in China and Europe and increased demand for batteries, the USGS said.

Zimbabwe's exports of lithium concentrate rose to 1.5 million metric tonnes last year, generating government revenue of $571.6 million, the Minerals Marketing Authority of Zimbabwe (MMCZ) announced in early February.

The Zimbabwean government's moves to ban exports of raw minerals didn't impress its critics.

"Government is doing too little, too late," said Farai Maguwu, executive director of Zimbabwe's Centre for Natural Resource Governance (CNRG).

With the new rush for critical minerals around the world, "people are asking serious questions about the benefits to the producer country," he said.

"A country like Zimbabwe is exporting raw lithium and, in the process, enriching China at its own expense," Maguwu said.

Instead it should be building its own "mine-to-market ecosystem" that manufactures and markets lithium products, he added.

Economist Godfrey Kanyenze accused the government of a "deficit in policy implementation" when it effectively gave a five-year grace period on the 2022 lithium ore ban by allowing exports of raw concentrates.

Kanyenze said state oversight at Chinese-owned lithium mines was limited, making it difficult to determine how much companies actually produced and earned.

There have also been allegations of environmental damage and exploitation of workers, including by paying low wages.

"Zimbabwe must learn from countries like Norway, Botswana and Kuwait, which safeguard their natural resources through firm, consistent and strategic policy frameworks," he said.

W.Lane--TFWP