Zimbabwe Rules Out Extending Lithium Concentrate Export Ban

Published: Jun 26, 2026 17:36
Zimbabwe's Finance Minister Ncube Mthuli stated unequivocally on June 24 that, despite a collective industry request for a postponement, the government will not extend the ban on lithium concentrates exports originally scheduled to take effect in January 2027. He noted that enterprises unable to build their own plants could be encouraged to sign processing trade agreements with supplied materials with companies possessing processing capacity. The minister's remarks came after most of the country's lithium producers requested more time last week to complete the construction of beneficiation plants.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
PNT Completes LFP Cathode and Battery Cell Plant in South Korea
1 min ago
PNT Completes LFP Cathode and Battery Cell Plant in South Korea
Read More
PNT Completes LFP Cathode and Battery Cell Plant in South Korea
PNT Completes LFP Cathode and Battery Cell Plant in South Korea
Battery company PNT has invested KRW 150 billion to build a lithium iron phosphate (LFP) cathode and battery cell production plant at Gumi High-Tech Valley, also known as the National Industrial Complex 5, in Gumi, North Gyeongsang Province.
1 min ago
Divest Real Estate, Focus on Core Businesses such as Tungsten and Molybdenum! Xiamen Tungsten Plans to Transfer Real Estate and Some Fixed Assets for 192 Million Yuan via Listing
1 hour ago
Divest Real Estate, Focus on Core Businesses such as Tungsten and Molybdenum! Xiamen Tungsten Plans to Transfer Real Estate and Some Fixed Assets for 192 Million Yuan via Listing
Read More
Divest Real Estate, Focus on Core Businesses such as Tungsten and Molybdenum! Xiamen Tungsten Plans to Transfer Real Estate and Some Fixed Assets for 192 Million Yuan via Listing
Divest Real Estate, Focus on Core Businesses such as Tungsten and Molybdenum! Xiamen Tungsten Plans to Transfer Real Estate and Some Fixed Assets for 192 Million Yuan via Listing
1 hour ago
[Lithium Battery: XTC New Energy Plans New 10,000-Ton Lithium Battery Cathode Material Project In Malaysia]
Common.Time.hoursAgo
[Lithium Battery: XTC New Energy Plans New 10,000-Ton Lithium Battery Cathode Material Project In Malaysia]
Read More
[Lithium Battery: XTC New Energy Plans New 10,000-Ton Lithium Battery Cathode Material Project In Malaysia]
[Lithium Battery: XTC New Energy Plans New 10,000-Ton Lithium Battery Cathode Material Project In Malaysia]
On the evening of June 26, XTC New Energy announced its plan to establish a wholly-owned subsidiary, Hong Kong XTC New Energy, in Hong Kong. Through Hong Kong XTC New Energy and Malaysian enterprise EMI, it will establish a joint venture, Malaysia XTC New Energy, as the project implementation entity to invest in and construct an annual 10,000-ton lithium-ion cathode material project. The total investment for the project is approximately 64.58 million US dollars, equivalent to about 450 million yuan. The construction period is planned from September 2026 to June 2027, with a total duration of 10 months.
Common.Time.hoursAgo
Zimbabwe's Finance Minister Ncube Mthuli stated unequivocally on June - Shanghai Metals Market (SMM)