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Zimbabwe Says No Justification to Delay Lithium Export Ban

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Zimbabwe Says No Justification to Delay Lithium Export Ban Zimbabwe said there’s no reason to delay a ban on exports of lithium concentrate that’s scheduled to come into effect in January. The southern African nation halted shipments of lithium concentrate in February to promote domestic processing of higher value products and curb illegal shipments of the metal that’s used in the production of electric vehicle batteries. Zimbabwe relaxed the export restrictions in April and the ban is now...

Zimbabwe Says No Justification to Delay Lithium Export Ban Zimbabwe said there’s no reason to delay a ban on exports of lithium concentrate that’s scheduled to come into effect in January. The southern African nation halted shipments of lithium concentrate in February to promote domestic processing of higher value products and curb illegal shipments of the metal that’s used in the production of electric vehicle batteries. Zimbabwe relaxed the export restrictions in April and the ban is now due to be implemented at the start of 2027, though producers have asked for more time to prepare.
Zimbabwe (LOCATION) African (ORG)
Originally published by Bloomberg Markets Read original →