New Mining Law to Be Strict On Lithium Beneficiation in Zimbabwe HeraldZimbabwe: Zimbabwe
Zimbabwe is endowed with diverse mineral resources but lithium is the topical at the moment, a position that has triggered amplified investor interest in the resource as the world evolves towards adoption of renewable energy and electric cars to curb emissions.
However, being one of the top producers of the commodity does not automatic translate to maximum financial returns, given that lucrative price is earned from a beneficiated commodity. On December 20, 2022, the government announced that lithium-bearing ores could only be exported on the basis of a written permission from the Minister of Mines and Mining Development.
Speaking at a consultative meeting, Parliamentary Committee on Mines and Mining Development chairperson, Edmond Mkaratigwa, indicated that Zimbabwe's should aim to accrue higher returns from the commodity given the momentum of lithium all-round the world.
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