Lates News

According to the research report of CITIC Securities, on February 25th, the Ministry of Mines in Zimbabwe issued a ban on the export of lithium ore. This policy aims to strengthen mineral supervision and promote the development of deep processing of mineral products. By 2025, it is expected that 19% of China's imported lithium concentrate will come from Zimbabwe. It is predicted that by 2026, Zimbabwe's lithium resources will account for 12% of the global production. The ban on lithium ore exports in Zimbabwe will lead to a tightening of the short-term supply of lithium carbonate, which is expected to drive a significant increase in lithium prices. It is recommended to pay attention to targets that are not affected by the export policy.