Zimbabwe will introduce lithium concentrate export quotas and require commitments for more local processing as part of conditions to allow the resumption of mineral exports, the Mines Ministry has told producers.
Africa’s top lithium producer suspended exports of lithium concentrates and other unprocessed minerals on February 26, after the government alleged malpractices and leakages.
In a letter to the country’s mining chamber seen by Reuters on Wednesday, Zimbabwe’s mines ministry set out conditions including the mandatory publication of mines’ annual financial statements as well as labour, safety and environmental standards.
“Approved lithium concentrate export quotas will be communicated to each producer,” the letter, dated April 2, added.
The government also wants “written commitments on dedicated timelines to set up lithium sulphate plants” before January 1, 2027, it added.
A 10% export tax will, meanwhile, continue to be levied on lithium concentrate exports until a January 2027 ban on concentrate shipments comes into force.
The Chamber of Mines Zimbabwe did not immediately respond to requests for comment.
Chinese mining firms including Zhejiang Huayou Cobalt, Sinomine, Chengxin Lithium Group, Yahua, and the Tsingshan Holding Group dominate Zimbabwe’s lithium mining sector, consolidating China’s dominance of the global battery metal supply chain.
–Reuters–
