Zimbabwe has imposed an immediate ban on the export of all raw minerals and lithium concentrates, a move announced by the Ministry of Mines and Mining Development on February 25, 2026. The suspension applies to all mineral shipments, including those already in transit, and will remain in effect indefinitely.
The decision follows allegations of malpractices and financial leakages within the sector. In a statement, the ministry emphasized the need for compliance and accountability, stating the measure aligns with efforts to promote local value addition and beneficiation. "Government expects cooperation from the mining industry in the national interest," the statement read.
This action accelerates earlier plans to restrict lithium concentrate exports, initially slated for 2027, as Zimbabwe seeks to boost domestic processing capabilities. A February 17 letter to the Chamber of Mines of Zimbabwe highlighted concerns over irregularities in mineral exports, signaling a broader review of procedures to enhance transparency.
Analysts suggest the ban could reshape global lithium supply chains, given Zimbabwe’s status as a key producer. Investors and industry stakeholders are closely monitoring the policy’s impact on mining operations and international trade agreements. Meanwhile, local businesses anticipate opportunities in downstream processing, though logistical challenges remain.
The move underscores Zimbabwe’s push to maximize returns from its mineral wealth, which includes vast reserves of gold, platinum, and lithium. Critics, however, warn of potential short-term revenue losses and strained relations with foreign partners.
