Zimbabwei Winston Chitando said that his country decided to ban the export of lithium concentrations starting in 2027, with the aim of strengthening its efforts to increase local treatment.
Zimbabwe, classified as the largest producer of Lithium in Africa, had banned its export in the form of raw in 2022, to force the companies operating in local treatment.
Repeated lithium sulfate is used in the production of car batteries, as well as the batteries operating for clean energy technologies, which are witnessing an increasing demand all over the world.
The Minister of Mines, Chitando, said that the lithium sulfate factories are currently being developed in two major astrologers, one of which is the Bikita Minerals mine owned by the company “Sennin”, and the other is the Li -Zimbabwe mine, which is owned by the company “Zhejiang Hapo Cobalt”.
During a press conference, after the weekly meeting of the Council of Ministers, Sheito said that due to the provision of treatment capabilities in the country, all Leithium centers will be banned from January 2027.
In the year 2023, the authorities in Zimbabwe granted lithium mining companies until March 2024 to provide plans to build local refineries, but they reduced their position after the collapse of lithium prices in the global market.
Sinnin and Zhejiang Hapo Cobalt are part of Chinese companies, which have invested more than a billion dollars in Zimbabwe since 2021, to buy and develop lithium projects.
Lithium and gold are considered one of the most important minerals on which the Zimbawi economy depends, and has recently begun to impose restrictions on foreign companies to treat minerals inside the country, with the aim of supporting the local economy and creating more operating opportunities.