Speaking at a mining conference in Bulawayo last week, Zhemu said the demand for materials used to manufacture lithium-ion batteries has increased. “Due to this demand, new investors, both local and foreign, have entered the sector to mine, process and export lithium and battery minerals from Zimbabwe.”
“Due to this demand, new investors, both local and foreign, have entered the sector to mine, process and export lithium and battery minerals from Zimbabwe.” He said the Zimbabwean government is pushing to move lithium and battery mineral products up the value chain through policy and legislative reforms.
He said in the first nine months of this year, Zimbabwe’s lithium exports totalled $209m. Speaking at a mining conference in Bulawayo last week, Zhemu said the demand for materials used to manufacture lithium-ion batteries has increased.
Last December, the Zimbabwean government banned the export of raw lithium to encourage investment in local processing facilities. It also approved a lithium ore policy to consolidate the country’s beneficiation strategy. It requires companies to set up plants in the country and process ore into concentrates before exporting.
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