Cabinet Approves Lithium Ore Policy
Nevanji Munyaradzi Chiondegwa
Government has taken a bold stance towards regulating lithium mining activities as it seeks to curb illegal mining activities in the mining sector.
A policy requiring stakeholders trading in lithium to submit a summary of monthly reconciliations of their operations has since been approved.
In her remarks during a post-Cabinet media briefing in Harare yesterday, Minister of Information, Publicity and Broadcasting Services Monica Mutsvangwa said the new policy will bring sanity to mining operations.
“Any individual or entity owing a lithium concession can mine lithium ores for either processing at its own Approved Processing Plant (APP), or for sale to those with Approved Processing Plants locally.”
The new policy will see individuals and entities in the sector constructing lithium ore processing plants as well as regulating the movement and selling of lithium to make sure all channels are followed.
Said Minister Mutsvangwa, “Any entity will require a Lithium Ore Purchase Licence to buy ores from miners. A local Approved Processing Plant will be a condition for obtaining the Lithium Ore Purchase Licence.”
The new policy will also require that all players in the lithium sector, whether miners or holders of Approved Processing Plant, submit a summary of monthly reconciliations of ore movements to the Ministry of Mines and Mining Development.