{"id":312997,"date":"2026-03-04T19:23:11","date_gmt":"2026-03-04T19:23:11","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/312997\/"},"modified":"2026-03-04T19:23:11","modified_gmt":"2026-03-04T19:23:11","slug":"zimbabwe-clarifies-why-it-rushed-to-ban-the-exportation-of-some-of-its-most-critical-minerals","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/312997\/","title":{"rendered":"Zimbabwe clarifies why it rushed to ban the exportation of some of its most critical minerals"},"content":{"rendered":"

\n Recently, Polite Kambamura, Zimbabwe\u2019s mines minister, reiterated this logic, asserting that under-declaration by miners constituted a problem too significant to be overlooked.\n <\/p>\n

\n He noted that the problem had become so prevalent that the administration was forced to move its disciplinary timeline a year behind.\n <\/p>\n

\n The administration originally intended to begin the expiration ban on lithium concentrates next year, but initiated it as quickly as possible due to mounting output and additional export permits.\n <\/p>\n

\n \u201cThe ban will be in effect as long as conditions or new expectations of the government are not met,\u201d Kambamura said to reporters at a post-Cabinet briefing in Harare, the country\u2019s capital.\n <\/p>\n

\n \u201cAfter the announcement, prices were reviewed upwards just because of one word from the government of Zimbabwe,\u201d he added.\n <\/p>\n

\n Following investments totaling billions of dollars by companies such as Sinomine Resource Group, Zhejiang Huayou Cobalt Co., and Chengxin Lithium Group for mine construction, Zimbabwe rapidly emerged as a key source of lithium concentrate for Chinese refineries, as reported by Bloomberg<\/a>.\n <\/p>\n

\n Consequently, governments across the continent are now seeking to compel mining enterprises to undertake local processing and refining of minerals, in a bid to enhance the value of their natural resources.\n <\/p>\n

\n \u201cThe geology of our country is multi-element, which means one deposit can contain many other minerals, for example, the PGM deposits,\u201d Kambamura said, referring to platinum group metals.\n <\/p>\n

\n \u201cThe same applies with the pegmatite deposit where we get lithium.\n <\/p>\n

\"African <\/p>\n

\n The mines minister further revealed that the export prohibition<\/a> encompasses lithium concentrates, in addition to any raw or unbeneficiated minerals that have not undergone value addition.\n <\/p>\n

Zimbabwe\u2019s ban on exporting some minerals <\/p>\n

\n Last week, Zimbabwe\u2019s mines ministry, via a statement seen by Reuters<\/a>, announced the immediate and indefinite suspension of the exportation of all raw minerals and lithium concentrates.\n <\/p>\n

\n “Government expects cooperation of the mining industry on this measure, which has been taken in the national interest,” the statement said.\n <\/p>\n

\n “Government remains committed to … in-country value addition and beneficiation, compliance, and accountability in the exportation of Zimbabwe’s mineral resources<\/a>,\u201d it added.\n <\/p>\n

\n The Mines Ministry announced that it will realign export procedures due to “continued malpractices during the exportation of minerals” in the statement.\n <\/p>\n

\n “This review is part of a broader effort to curb leakages and enhance efficiency within our systems,” the ministry wrote.\n <\/p>\n","protected":false},"excerpt":{"rendered":"Recently, Polite Kambamura, Zimbabwe\u2019s mines minister, reiterated this logic, asserting that under-declaration by miners constituted a problem too…\n","protected":false},"author":2,"featured_media":312998,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[138,219,111,139,69],"class_list":["post-312997","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-new-zealand","tag-newzealand","tag-nz"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/312997","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=312997"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/312997\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/312998"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=312997"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=312997"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=312997"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}