Online Reporter
Nqobile Bhebhe [email protected]
The Minerals Marketing Corporation of Zimbabwe (MMCZ) recorded cumulative mineral sales of 4,8 million metric tonnes valued at US$3,4 billion for the financial year ended December 31, 2025.
This reportedly exceeded both volume and revenue targets in a performance that underscores the mining sector’s central role in driving Zimbabwe’s economic growth.
The sales surpassed the budgeted 4 756 352,64 metric tonnes valued at US$3,2 billion, spotlighting strong export momentum across key minerals despite headwinds in select commodities.
“The Minerals Marketing Corporation of Zimbabwe (MMCZ) recorded a strong sales performance for the financial year ended December 31 2025, posting cumulative mineral sales that surpassed prior year comparable data in both volume and value terms.
“The performance reflects improved market conditions, enhanced operational efficiencies and the benefits of strategic systems upgrades.
“Cumulative mineral sales for FY2025 reached 4,890,720.05 metric tonnes, valued at US$3.4 billion, surpassing the budgeted 4,756,352.64 metric tonnes valued at US$3.2 billion.”
“This represents positive variances of 3% in volume and 6% in value. Compared to FY2024, when 3,032,681.24 metric tonnes valued at US$2.9 billion were exported, FY2025 performance reflects a surge of 61% and 14% in volume and value terms respectively.”
MMCZ General Manager Dr Nomusa Jane Moyo attributed the growth to improved global mineral prices and operational gains.
“Value growth, however, was partially constrained by lower rough diamond sales volumes, depressed diamond prices and heightened competition in the coke market, which necessitated strategic price adjustments to maintain market share, ” said Dr Moyo.
MMCZ has set an ambitious revenue target for the coming year, banking on resilient demand for strategic minerals.
“MMCZ projects a US$3.5 billion revenue target for 2026, underpinned by a positive outlook for PGMs, driven by supply constraints and growing demand from hydrogen energy, jewellery and industrial applications.”
