Search results for 'cobalt'
Companies
Prospect Resources Exits Zimbabwe Lithium Operations , Invests in Zambian Copper
Prospect Resources Limited, the Australia (ASX)-listed battery minerals explorer, has signed an agreement to sell its Step Aside Lithium Project in Zimbabwe for up to US$2.2 million, marking its lates
Nov 05, 2025
Zimbabwe
Lithium Sulphate Delivers First Real Returns: As Zim Targets Higher-Value Battery Products
Zimbabwe's lithium sector brought in USD 746 million in H1 2026, USD 672.8 million from spodumene concentrates and USD 73.2 million from lithium sulphate. That revenue mix is the clearest measure yet
Jul 20, 2026
World
Glencore Joins Fight for Sherritt: Sanctions Crisis Puts Canadian Refinery at Centre of Control Battle
A consortium including Glencore has submitted a rival recapitalisation proposal for Sherritt International, opening a contest for control of a financially distressed Canadian nickel and cobalt company
Aug 11, 2026
Zimbabwe
Lithium Overtakes PGMs as Zimbabwe’s Export Lead Faces the 2027 Processing Deadline
Lithium products overtook platinum group metals as Zimbabwe’s largest mineral export category excluding gold and silver, generating approximately US$2.16 billion in the nine months to September 2026.
Oct 08, 2026
World
COMESA Eyes Electric Vehicle Manufacturing, Zimbabwe Scraps Import Duty on Heavy Electric Trucks
Zimbabwe is pushing the Common Market for Eastern and Southern Africa (COMESA) to establish regional electric vehicle manufacturing and battery supply chains, arguing that African economies must move
Oct 20, 2026
Zimbabwe
US$5 Bn Mineral Sales Expose US$2.1 Bn Lithium Concentrate Risk Ahead of 2027 Ban
Zimbabwe's mineral sales more than doubled to US$5.013 billion during the first ten months of 2026, driven by a sharp increase in lithium earnings and strong platinum group metal sales, but the expans
Nov 02, 2026
Zimbabwe
Southern Africa's Lithium Race: Zimbabwe Leads Production as DRC and Namibia Pursue Rival Processing Policies
Zimbabwe has emerged as Southern Africa's leading lithium producer, accounting for an estimated 9.7% of global mine output in 2025, but its proposed transition from concentrate exports to chemical pro
Nov 04, 2026
World
Southern Africa Mines the Battery Economy but Risks Exporting Its Industrial Future
Southern Africa's position in the global energy-transition minerals market is expanding, but the region's ability to translate mineral production into industrial development remains constrained by fra
Nov 05, 2026
Zimbabwe
Omnia's Earnings Rebound Exposes Zimbabwe's US$2.1 Billion Fertiliser Import Dependence
South African fertiliser and chemicals group Omnia Holdings expects earnings per share to increase by as much as 35% for the six months ended September 2026, extending a recovery in its African agricu
Nov 05, 2026
Zimbabwe
Southern Africa's Battery Ambitions Face a Billion-Dollar Industrial Financing Test
Southern Africa's plan to build a battery-materials industry now depends on financing chemical plants that cost hundreds of millions of dollars each and need reliable power, specialised technology and
Nov 05, 2026
Top Stories
FBC Generates ZWG214 Million in Q3 Profit Before Tax, Retains Just ZWG10 Million as Tax Pressure Deepens
FBC Holdings has generated approximately ZWG214.5 million in profit before tax during the third quarter of 2026, but retained only ZWG9.8 million in profit after tax, according to Equity Axis calculat
3 hours agoBAT Loses 38 Million Cigarette Sales, 53% Profit Margin Conceals a Shrinking Revenue Base
British American Tobacco Zimbabwe has lost 38 million cigarette sales in the first nine months of 2026 as weaker consumer purchasing power continues eroding demand for its higher priced brands, exposi
3 hours agoAnother US$1 Billion Revenue Year Looms for Delta as Half Year Sales Rival its Strongest Pre-2019 Annual Performances
Delta Corporation is heading towards another US$1 billion revenue year after generating US$607.5 million during the six months ended 30 September 2026, an 18% increase from the corresponding period.
3 hours agoClinker Imports Surge 90% to US$48 Million as Dinson's US$15 Million Cement Plant Nears Commissioning
Zimbabwe's clinker imports surged 89.7% to US$48.24 million during the first eight months of 2026, exceeding the US$40.78 million spent throughout 2025, as the country prepares to commission another c
4 hours agoZimbabwe Clarifies Economic Mandates for Mthuli Ncube and Tagwirei Through New Statutory Instruments
The new economic development portfolio can be assessed through concrete administrative indicators. Competition case processing times, the publication of merger decisions and the consistency of regulat
14 hours agoTreasury Owes Road Contractors US$188 Million as New US$2 Million Contract Approval Rule Takes Effect
Treasury has also warned creditors against engaging third-party debt recovery consultants whose commissions it does not recognise. The directive places greater importance on formal verification and pa
14 hours agoBuilt with Billions, Left Uninsured: Africa's Unprotected Public Infrastructure Exposes Taxpayers to Mounting Disaster Liabilities
Zimbabwe's government is moving towards compulsory insurance for public assets after its insurance regulator established that most government buildings, schools and hospitals remain without adequate p
1 day agoCBZ Loans and Deposits Surge Over 50%: Profit Barely Moves as Nonfunded Income Dominates Earnings
CBZ Holdings, has recorded substantial balance sheet expansion during the first nine months of 2026, with loans and deposits increasing by more than 53%, although profit after tax advanced just 0.9% t
1 day ago
