On August 25, Sinomine Resource Group Co., Ltd. disclosed in its latest investor relations activity record that in February 2026, the Government of Zimbabwe temporarily suspended the approval of lithium concentrate export permits in order to crack down on lithium smuggling and promote the development of local downstream processing industries. The company closely monitored local policy developments and actively engaged in communication and response efforts, securing an initial export quota of 200,000 tonnes of lithium concentrate in April 2026.
Subsequently, the company made every effort to organize logistics and transportation while continuing to apply for additional quotas, and was granted a further 300,000 tonnes of lithium concentrate export quota in July 2026. At the same time, the company proactively overcame challenges such as tight overland transport capacity in Africa and port congestion, steadily improving its transportation capabilities. As of the disclosure date of this report, the transport of Bikita lithium concentrate has returned to normal, and the supply of lithium concentrate is sufficient to meet the raw material requirements of the company's domestic smelting capacity.
Edited by Cassie Li, lixiangying@mysteel.com
