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[QUOTE="Queen, post: 88791, member: 27"]
Zimbabwe's sudden lithium export ban just spooked Chinese investors who poured billions into the sector.

Chinese Embassy Issues Alert
[LIST]
[*]The embassy warned nationals and firms to watch their step after the ban.
[*]They stressed strict compliance with local rules on raw minerals.
[*]Potential backers must study policy risks before sinking cash.
[*]Advisory pushed legal channels to safeguard business interests.
[/LIST]
Ban Hits Immediately
[LIST]
[*]Polite Kambamura confirmed the restriction kicked in right away.
[*]It covers lithium concentrates and minerals already moving out.
[*]The government aims to boost local processing and cut leakages.
[*]The move came earlier than the planned January 2027 start.
[/LIST]
Massive Chinese Stakes
[LIST]
[*]Chinese firms invested around 1.4 billion dollars in five years.
[*]Zhejiang Huayou Cobalt finished a 400 million dollar plant.
[*]Sinomine eyes a 500 million dollar sulphate facility at Bikita.
[*]Most Zimbabwe lithium shipments head straight to China for batteries.
[/LIST]
Sector Reactions Grow
[LIST]
[*]Analysts worry the rush hurts confidence in mining policies.
[*]Zimbabwe leads Africa in lithium output with a huge global rank.
[*]Mining adds 14.3 percent to the national gross domestic product.
[*]Officials hint at more talks with industry players soon.
[/LIST]
[/QUOTE]

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