HARARE, ZIMBABWE / July 17, 2026 - The Minerals Marketing Corporation of Zimbabwe (MMCZ) facilitated mineral exports valued at US$2.532 billion during the first half of 2026, an 84% surge from the US$1.376 billion recorded during the same period in 2025.

 MMCZ General Manager, Dr Nomusa Jane Moyo, attributed the increase in export value to growing global demand, favourable commodity prices and the impact of Zimbabwe's mineral beneficiation and value addition policy.

 “The US$2.532 billion recorded demonstrates the impact of the beneficiation and value addition policy. Based on the market trends and performance of our key mineral commodities, we are confident of surpassing our projected annual revenue this year, ” Dr Moyo said in a statement on the Corporation's H1 performance. 

PGM matte remains MMCZ’s dominant export, contributing 33.93% of total export value, followed by Spodumene Concentrates (26.57%) and PGM Concentrates (13.73%). These three mineral commodities accounted for more than 74% of export earnings, highlighting Zimbabwe's strategic position as a global supplier of platinum group metals and critical minerals required for the global energy transition.  

Lithium sulphate is emerging as a new value-added export mineral commodity. It undergoes significant local processing before export, allowing Zimbabwe to retain greater value within the battery minerals value chain. “The Corporation views this development as an important step towards establishing Zimbabwe as a regional hub for battery mineral processing, ” said Dr Moyo. 

Global demand for lithium continues to be driven by the rapid expansion of electric vehicles and energy storage technologies, positioning the country to benefit from long-term growth opportunities. Dr Moyo pointed out that the results demonstrated Zimbabwe's mineral sector was progressively transitioning from exporting raw minerals towards higher-value processed mineral commodities. 

“The results confirm that success in the mineral sector is no longer measured simply by export volumes, but by the value realised from every tonne exported. We are increasingly exporting products such as ferrochrome, steel, polished granite slabs and lithium sulphate, which command significantly higher values than unprocessed minerals. This aligns with Government's Vision 2030 objective of accelerating beneficiation, industrialisation and sustainable economic growth, ” she said. 

Beyond facilitating mineral exports, MMCZ is reinforcing mineral accountability and revenue assurance through enhanced contract monitoring, price verification, mineral valuation and inspection systems. 

“MMCZ is investing in digitalisation and laboratory capacity to improve transparency, traceability and mineral accounting across the export value chain. These investments are expected to further safeguard national mineral revenues while improving the efficiency and integrity of Zimbabwe's mineral marketing system, ” Dr Moyo said.

H2 2026 Market Outlook Looking ahead, MMCZ expects PGMs, lithium products, ferrochrome, steel and coke to remain the principal drivers of export growth during the second half of 2026, supported by continued beneficiation, market diversification and downstream mineral processing. About MMCZ The Minerals Marketing Corporation of Zimbabwe was established in accordance with the Minerals Marketing Corporation of Zimbabwe Act [Chapter 21:04] and is the exclusive marketer of all minerals produced in Zimbabwe, except silver and gold.