Zimbabwe to ban export of lithium concentrates from 2027

Reuters06-11
Zimbabwe to ban export of lithium concentrates from 2027

HARARE, June 10 (Reuters) - Zimbabwe will ban the export of lithium concentrates from 2027 as it pushes for more local processing, mines minister Winston Chitando said on Tuesday.

Africa's top producer of lithium, used in batteries to power renewable energy technologies, banned the export of lithium ore in 2022 and has been pushing miners to process more domestically.

(Reporting by Nelson BanyaEditing by David Goodman)

((Nelson.Banya@thomsonreuters.com;))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment