Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
Filter by Categories
Asset Allocation
Data update
Development News
Equity markets
Exploration News
News & Views
The Drill Bit
The Future
Trade & Demand


Zimbabwe orders lithium miners to submit downstream plans

Posted on - 12 Dec 2023

Category - News & Views

The Zimbabwean government has told lithium miners that they must submit plans for local production of battery grade lithium by March 2024 or they could lose the ability to export lithium concentrate. Last year Zimbabwe banned the export of DSO and imposed a 5% export tax on lithium concentrate. That tax generated revenue of US$209m from lithium exports in 9M/23, nearly three times the amount that it earned in the same period last year. Chinese firms, including Zhejiang Huayou Cobalt (SHA:603799), Sinomine Resources (SHE:002738), Chengxin Lithium (SHE:002240), Yahua Group (SHE:002497) and Canmax Technologies (SHE:300390), have spent more than US$1bn over...

Login to read full article


Lithium Value-add Zimbabwe