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The country’s mineral marketing agent, except for gold and silver, the Minerals Marketing Corporation of Zimbabwe (MMCZ), has reported a robust 10% year-on-year increase in mineral sales volumes for the first eleven months of 2025, defying a complex global commodities landscape, Mining Zimbabwe can report.
By Rudairo Mapuranga
Cumulatively to November 2025, MMCZ facilitated the sale of 4.4 million metric tonnes (MT) of minerals, valued at US$3.04 billion. This compares favourably with the 4.0 million MT valued at US$2.80 billion achieved in the same period in 2024, representing a 9% growth in total export value.
The performance was announced by Acting Deputy General Manager (Marketing) Gumisayi Nenzou, speaking on behalf of MMCZ General Manager Dr Nomusa Jane Moyo at the Corporation’s 2025 End-of-Year Media Soiree.
The bulk of export earnings was anchored by platinum group metals (PGM) matte, which alone generated US$1.3 billion from 35,818 MT. This reflects a significant improvement in revenue, up from US$875.6 million last year, driven by stronger global prices for platinum, palladium, and rhodium.
“Despite evolving local dynamics, MMCZ recorded steady operational performance over the past 11 months,” stated Nenzou. “The overall improvement in PGM earnings was largely driven by stronger global prices.”
A standout feature of the export basket was the growing prominence of lithium-bearing minerals. Spodumene contributed a significant 15.75% of total export earnings, underscoring Zimbabwe’s strategic positioning in the global battery metals market.
High-carbon ferrochrome accounted for 10.96% of revenue, with 392,775 MT sold for US$333.1 million, marking an 11% increase in volume.
Coke varieties saw a 7% rise in sales volume, contributing 5.36% to total revenue.
PGM concentrate, while still a top performer contributing 8.63% of revenue, experienced a decline compared to the higher volumes and revenue (US$494.4 million) recorded in the prior year.
The results highlight the resilience of Zimbabwe’s mining sector and the effective marketing role of MMCZ in navigating price volatility to secure increased sales volumes and greater value for the nation’s minerals.
