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SHOCK: Zimbabwe NATIONALIZES It's MASSIVE Raw Lithium Stores!!

SHOCK: Zimbabwe NATIONALIZES It's MASSIVE Raw Lithium Stores!! Zimbabwe bans raw lithium exports to curb artisanal mining. Zimbabwe has imposed a ban on the export of unprocessed lithium, according to a government notice seen by Reuters on Tuesday, in a bid to stop artisanal miners who the government says are digging up and taking the mineral across borders. The southern African country holds some of the world's largest reserves of hard rock lithium, a vital mineral in the production of clean energy technologies. Chinese giants Zhejiang Huayou Cobalt (603799.SS), Sinomine Resource Group (002738.SZ) and Chengxin Lithium Group (002240.SZ) have over the past year acquired lithium mines and projects worth a combined $678 million in Zimbabwe and are at various stages of developing mines and processing plants, which would exempt them from the ban. "No lithium bearing ores, or unbeneficiated lithium whatsoever, shall be exported from Zimbabwe to another country," read the regulation published in a government notice issued by Mines Minister Winston Chitando. The notice said the ban does not apply to the export of lithium concentrates, which all the major lithium miners in the country plan to produce. ALL SOURCES USED IN VIDEO: STUDY ON CAPITAL FLIGHT IN ZIMBABWE: http://editorialexpress.com/cgi-bin/c... https://www.reuters.com/world/africa/... https://www.businessinsider.co.za/zim... https://www.aljazeera.com/economy/202... https://qz.com/why-zimbabwe-has-banne... https://copperbeltkatangamining.com/z... https://www.scmp.com/news/china/diplo... https://www.theafricareport.com/53429... https://www.tralac.org/news/article/7... #Zimbabwe #zimbabwe #gold #mining #artisanalmining #lithium #progressivevoice #theprogressivevoice Support The Show & Watch Exclusive Content:   / theprogressivevoice   Donate: https://www.paypal.me/theprogressivev... Listen to the audio podcast format on Itunes: https://itunes.apple.com/us/podcast/t... Follow me on Twitter:   / progressvoice