Ban on Raw Lithium Exports Pays Off as Zimbabwe Joins Global Processors Club: President

© AP Photo / Jerome DelayThousands of opposition party supporters cheer leading opposition challenger Nelson Chamisa during a rally in Bulawayo, Zimbabwe, Saturday July 21, 2018.
Thousands of opposition party supporters cheer leading opposition challenger Nelson Chamisa during a rally in Bulawayo, Zimbabwe, Saturday July 21, 2018.  - Sputnik Africa, 1920, 08.05.2026
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Ban on Raw Lithium Exports Pays Off as Zimbabwe Joins Global Processors Club: President

Emmerson Mnangagwa hailed the inaugural export of lithium sulfate from the $400 million Prospect Lithium Zimbabwe processing plant as a "historic achievement" toward the beneficiation agenda.


"Zimbabwe is steadily taking a seat within the global value chains space, not as a mere supplier of raw materials, but as a competitive producer of value-added goods," he said during a meeting of the ruling Zanu PF party.


The move follows a February ban on raw lithium exports, part of a broader strategy to maximize value from mineral resources.

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