Zimbabwe achieved a 27 percent surge in mineral export volumes during the first half of 2025 compared to the previous year. The Minerals Marketing Corporation of Zimbabwe facilitated sales of approximately 2.4 million tonnes valued at 1.395 billion dollars between January and June. Mining contributes 12 percent to the nation's gross domestic product and represents 80 percent of total exports. The country possesses abundant reserves of platinum group metals, gold, chrome, and diamonds.
Export volumes rose while total sales values declined marginally due to weak markets for ferrochrome, lithium, and rough diamonds. Geopolitical tensions boosted gold and platinum prices as jewelry manufacturers sought alternatives. Lithium prices fell despite increasing demand because of high tariffs on Chinese electric vehicles by the United States and European Union. Transport infrastructure limitations continue hampering efficient mineral movement to markets. The corporation plans to request a complete ban on chrome ore exports to address oversupply concerns.
Export volumes rose while total sales values declined marginally due to weak markets for ferrochrome, lithium, and rough diamonds. Geopolitical tensions boosted gold and platinum prices as jewelry manufacturers sought alternatives. Lithium prices fell despite increasing demand because of high tariffs on Chinese electric vehicles by the United States and European Union. Transport infrastructure limitations continue hampering efficient mineral movement to markets. The corporation plans to request a complete ban on chrome ore exports to address oversupply concerns.
