The China Mail - Export ban sparks rush to process lithium in Zimbabwe

USD -
AED 3.672502
AFN 64.000029
ALL 81.501894
AMD 360.300301
ANG 1.789785
AOA 917.999928
ARS 1538.507797
AUD 1.422738
AWG 1.8025
AZN 1.677898
BAM 1.755348
BBD 2.014118
BDT 124.150744
BGN 1.747831
BHD 0.37735
BIF 3000
BMD 1
BND 1.281553
BOB 11.995315
BRL 5.385503
BSD 1.000013
BTN 95.207367
BWP 13.822349
BYN 2.947868
BYR 19600
BZD 2.01121
CAD 1.397321
CDF 2315.000297
CHF 0.822255
CLF 0.025025
CLP 988.119786
CNY 6.661102
CNH 6.65463
COP 3178.94
CRC 454.76167
CUC 1
CUP 24.000287
CVE 99.197463
CZK 21.753898
DJF 177.719676
DKK 6.68102
DOP 60.650375
DZD 135.26301
EGP 56.002289
ERN 15
ETB 161.149916
EUR 0.89395
FJD 2.24075
FKP 0.747647
GBP 0.746635
GEL 2.599154
GGP 0.747647
GHS 11.649517
GIP 0.747647
GMD 74.000066
GNF 8799.999657
GTQ 7.645879
GYD 209.614159
HKD 7.844085
HNL 27.000156
HRK 6.76901
HTG 131.054259
HUF 327.0915
IDR 18170
ILS 3.11488
IMP 0.747647
INR 95.267006
IQD 1514
IRR 1868414.999662
ISK 121.419633
JEP 0.747647
JMD 158.760361
JOD 0.708966
JPY 157.59796
KES 129.989677
KGS 87.448023
KHR 4072.99998
KMF 440.999894
KPW 899.999961
KRW 1335.301894
KWD 0.31104
KYD 0.833326
KZT 453.3167
LAK 22534.99989
LBP 89549.999695
LKR 332.450795
LRD 170.449866
LSL 16.629789
LTL 2.95274
LVL 0.60489
LYD 6.424992
MAD 9.833505
MDL 18.045072
MGA 4595.000356
MKD 55.021155
MMK 2099.909661
MNT 3597.883233
MOP 8.082337
MRU 40.240109
MUR 47.279726
MVR 15.450451
MWK 1736.000155
MXN 18.88925
MYR 4.054099
MZN 63.90998
NAD 16.629887
NGN 1346.859954
NIO 36.809505
NOK 9.22898
NPR 152.332146
NZD 1.77407
OMR 0.384488
PAB 1.000013
PEN 3.459795
PGK 4.49025
PHP 63.708502
PKR 276.602571
PLN 3.9231
PYG 5858.938516
QAR 3.645503
RON 4.771902
RSD 105.072008
RUB 81.248966
RWF 1475
SAR 3.7541
SBD 8.058206
SCR 13.983075
SDG 601.499746
SEK 9.826885
SGD 1.277835
SHP 0.748335
SLE 22.897847
SLL 20969.504398
SOS 571.497754
SRD 37.644498
STD 20697.981008
STN 22.3
SVC 8.749697
SYP 13001.999685
SZL 16.630013
THB 33.712025
TJS 9.190174
TMT 3.5
TND 3.0207
TOP 2.40776
TRY 49.930696
TTD 6.779691
TWD 32.613982
TZS 2649.713013
UAH 45.55389
UGX 4360.137679
UYU 40.22581
UZS 11995.00019
VES 887.479801
VND 25791
VUV 119.217464
WST 2.773901
XAF 586.392655
XAG 0.019619
XAU 0.000250628137
XCD 2.70255
XCG 1.802288
XDR 0.707052
XOF 586.392655
XPF 107.305413
YER 236.167524
ZAR 16.623855
ZMK 9001.207781
ZMW 20.200416
ZWL 321.999592
SSP 5745.199062
MXV 2.128922
  • RYCEF

    0.4000

    19.71

    +2.03%

  • CMSC

    0.0000

    20.4

    0%

  • BTI

    0.4200

    56.05

    +0.75%

  • BP

    0.2800

    44.43

    +0.63%

  • RBGPF

    1.6000

    67

    +2.39%

  • RIO

    -0.1500

    94.41

    -0.16%

  • AZN

    -0.4300

    166.15

    -0.26%

  • GSK

    0.4600

    49.7

    +0.93%

  • BCE

    -0.4100

    20.56

    -1.99%

  • NGG

    -0.2500

    75.24

    -0.33%

  • VOD

    -0.0400

    16.58

    -0.24%

  • RELX

    -0.4500

    33.07

    -1.36%

  • BCC

    -0.5500

    76.59

    -0.72%

  • CMSD

    -0.0300

    20.27

    -0.15%

  • JRI

    -0.2500

    10.77

    -2.32%

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.

H.Ng--ThChM