Zimbabwe is renowned for its geological wealth, skilled labour force and generally well-developed mining sector. With recent world-class lithium discoveries and seemingly insatiable global demand for battery minerals, Zimbabwe should be poised to become a global mining superpower. However, economic and political challenges perennially obstructed progress, rendering Zimbabwe a high currency-risk mining destination. If the currency risk issues that affect Zimbabwe’s mining sector can be addressed, foreign and local investors will be more inclined to inject funding that could afford junior to mid-tier miners the much-needed capital to take advantage of Zimbabwe’s vast natural resources.
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