Zimbabwe’s Mineral Exports See 10% Increase Through November 2025
Zimbabwe’s mineral export volume experienced a 10% rise over the 11 months leading to November 2025, largely fueled by a rebound in Platinum Group Metals (PGMs), according to data from the Minerals Marketing Corporation of Zimbabwe (MMCZ).
From January to November 2025, MMCZ reported the sale of 4.4 million tonnes of minerals valued at $3.04 billion, compared to 4 million tonnes worth $2.8 billion during the same period in 2024.
Notably, export earnings from matte surged to $1.3 billion from 35,818 tonnes, marking a significant increase from $875.6 million in 2024.
While the overall volume rose, the revenue growth was primarily driven by heightened global prices for platinum, palladium, and rhodium.
However, the performance within various sectors showed mixed results. Earnings from PGM concentrate, one of the leading contributors at 8.63% of total revenue, dropped to $262.5 million, down from $494.4 million the previous year due to decreased export volumes.
Spodumene now contributes 15.75% of total export earnings, indicative of Zimbabwe’s expanding role in the global battery minerals market.
Sales of high carbon ferrochrome reached $333.1 million, exhibiting an 11% increase in volume and a 6% rise in value year-on-year. Additionally, coke sales volumes saw a 7% increase, generating $162.9 million.
