Browsing: Indonesia’s export ban

• The Bikita mine, located 308 kms south of the capital Harare has the country’s largest lithium mines with reserves of 10.8 million tons of lithium ore.
• An export ban is designed to change the incentives for processing firms to relocate or add value to the source market
• A growing number of countries rich in natural resources that the rest of the world needs are introducing export restrictions of raw.

Zimbabwe has prohibited the export of raw lithium from its mines so it can cash in on value addition. Zimbabwe holds the biggest lithium reserves in Africa and the fifth biggest in the world.

The southern African country boasts of many lithium greenfield projects in places like Goromonzi, Mberengwa, Shurugwi, Zvishavane, Bikita and Mutoko.

According to Quartz, the Bikita mine, located 308 kms south of the capital Harare has the country’s largest lithium mines with reserves of 10.8 million tons of …