Government Bans Unprocessed Mineral Exports

Zimbabwe's government banned the export of lithium concentrates and all other unprocessed ores, effective immediately and indefinitely. This move accelerates a policy originally planned for 2027. Authorities observed some mining companies rapidly extracting and shipping minerals before the full ban could take effect, prompting the government to curb under-declaration and illicit stockpiling. Mines and Mining Development Minister Polite Kambamura confirmed the suspension, stating it remains in force until further notice. Authorities are tightening export controls. The ban pushes for local beneficiation, a strategy aimed at transforming the mining sector to boost industrialization and create more local value.