Zimbabwe designates critical minerals for export, shareholding controls


By GretinahYe Ting

HARARE, May 22 (Xinhua) -- The Zimbabwean government on Friday designated lithium and other high-value minerals, particularly those underpinning the green energy transition, as critical minerals subject to shareholding and export controls.

Addressing a press conference in the Zimbabwean capital of Harare, Mines and Mining Development Minister Polite Kambamura announced that the newly classified categories include critical minerals such as nickel, cobalt, graphite, copper, rare earth elements, chrome, platinum group metals, manganese, antimony, uranium, ruthenium, tungsten, and niobium.

Additionally, metallurgical coal has been designated as a special critical mineral, while limestone, potash, phosphorus, iron ore, pyrites, oil, gas, coal, gold, and diamonds are now classified as strategic minerals.

Kambamura noted that the classification is based on supply chain vulnerability, international demand, local reserves, dominance in production, and the mineral's capacity to generate substantial local employment and downstream beneficiation.

Kambamura said the Zimbabwean government shall, through designated special-purpose vehicles, exercise a mandatory minimum shareholding in the exploitation of these classified minerals.

Furthermore, strict export controls will be enforced. No person shall export any of the classified minerals in their raw or unbeneficiated form unless authorized under a conditional transitional plan approved by the minister, featuring a specific timeline for local beneficiation beyond the concentrate stage.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In World

Latinos, motivated by immigration and economic woes, drive Democratic gains in Republican strongholds
Midterms over, Democrats plunge into wide-open 2028 presidential race
Erdogan says Turkey-Azerbaijan ties can overcome all obstacles amid growing tensions
Death toll from Russian strike on Ukrainian aid centre reaches 42, police say
G7 foreign ministers meeting moved from Marseille to Paris, sources say
Poland arrest four in probe into military supplies sent to Russia
New wave of bomb threats hits passenger flights across Europe
Kenyan father haunted by children's deaths ahead of starvation cult leader's sentencing
Democrats vow to rein in Trump as he shows off White House ballroom
Russia may have rehearsed attack on satellite, specialist says, flagging another approach

Air Pollutant Index

Note: API is calculated based on 24hr running average of the most dominant parameter.

Highest API Readings

    Select State and Location to view the latest API reading

    Others Also Read