HARARE, Feb. 3 (Xinhua) -- Zimbabwe's mineral exports reached 3.4 billion U.S. dollars in 2025, up from 2.9 billion dollars recorded in 2024, the Minerals Marketing Corporation of Zimbabwe (MMCZ) said Tuesday.
According to the MMCZ, a state-owned enterprise mandated to market and sell all of Zimbabwe's mineral resources, excluding gold and silver, cumulative mineral sales in 2025 reached over 4.8 million metric tons.
The MMCZ said in a statement that the strong sales performance reflects improved market conditions, enhanced operational efficiencies and the benefits of strategic systems upgrades.
Nomusa Jane Moyo, MMCZ's general manager, attributed the growth to a rebound in prices for key revenue-generating minerals, particularly platinum group metals, coupled with improved export processing efficiencies.
"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 Moyo.
The MMCZ said it is targeting to generate 3.5 billion dollars in revenue from mineral sales in 2026, underpinned by a positive outlook for platinum group metals.
Zimbabwe has a diversified mining sector rich in gold, platinum, diamonds, chrome and lithium, which plays a vital role in the country's economy and export earnings. ■