Online Reporter
Nqobile Bhebhe
Zimbabwe earned US$3,4 billion from the export of 4,8 million tonnes of minerals in 2025, beating the targets in both value and volume terms, according to the Minerals Marketing Authority of Zimbabwe (MMCZ).
The shipments surged 61 percent in volume terms and 14 percent by value, compared to the same period last year.
MMCZ is responsible for the marketing of all minerals produced in Zimbabwe, except gold and silver, which fall under the purview of Fidelity Gold Refinery.
During the same period last year, Zimbabwe earned US$3,2 billion after shipping 4,756 million tonnes of minerals, highlighting firm global demand, improved efficiencies and the key role of mining in the economy.
Mining remains Zimbabwe’s largest foreign currency earner, a critical employer and driver of economic and industrial development.
Key minerals include platinum group metals (PGMs), lithium, chrome and ferro-alloys anchoring the country’s export basket and supporting downstream value addition initiatives.
MMCZ general manager, Dr Nomusa Jane Moyo, said this strong 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 percent in volume and 6 percent 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 percent and 14 percent in volume and value terms respectively,” said Dr Moyo.
“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,” she said.
