Zimbabwe boosts mineral exports by 13%

Zimbabwe’s mineral export volumes rose by 13 per cent in the first four months of 2025 compared to the same period last year, signalling a notable upturn in industrial output and regional market reintegration. This is reported by the Herald, a partner of TV BRICS.

According to the source, a key driver of this growth was the commencement of steel exports. The resumption of steel shipments marks Zimbabwe’s renewed participation in southern Africa’s iron and steel trade, with initial consignments sent to South Africa and further contracts secured with buyers in Mozambique.

Between January and April 2025, the country exported approximately 1.5 million tonnes of minerals, generating US$779.7 million in export earnings. This compares with the 1.3 million tonnes exported during the same period in 2024, which brought in US$1 billion.

The data shows that platinum prices have shown signs of recovery, recently climbing to US$1,097.54 per ounce, marking a two-year high amid tightening global supply and renewed investor interest.

Steel exports totalled 86,552 tonnes. Full-scale regional dispatches are expected to ramp up in the coming months as Zimbabwe strengthens its industrial footprint.

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