Lithium miners gain as Zimbabwe halts exports of all raw minerals and lithium concentrates

Albemarle

25/02/2026 12:51

** U.S.-listed shares of lithium miners rise premarket

** Zimbabwe suspends exports of all raw minerals and lithium concentrates with immediate effect, after the government alleged malpractices and leakages

** "Chinese futures were up overnight, the tone was positive on lithium at this week's BMO mining and critical minerals conference, and lithium stocks are also gaining strength from the Zimbabwe govt banning spodumene concentrate exports effective immediately," said BMO analyst Joel Jackson

** Albemarle ALB.N rises ~9 %, while U.S.-listed shares of Chile's SQM SQMA.SN, SQM.N gains 5%

** Sigma Lithium  SGML.V climbs ~14%

** Shares of Lithium Americas LAC.TO, LAC.N and Standard Lithium SLI.V, SLI.N advance up ~6% and 4.2%, respectively

 (Reporting by Dharna Bafna in Bengaluru)

 ((dharna.bafna@thomsonreuters.com))