Staff Reporter
The 2025 International Commodity Summit (ICS2025) has voiced strong backing for Zimbabwe’s mining industry, urging global investors to direct funding toward Kuvimba Mining House, a prominent Zimbabwean mining company.
The summit, which aims to facilitate global dialogue and investment in the mining sector, highlighted Kuvimba’s goal of securing 950 million dollars to expand its operations and strengthen the country’s position in the global mining market.
In his address at ICS2025, CEO of Kuvimba Mining House, Trevor Barnard, outlined the importance of securing investment to propel Kuvimba’s expansion efforts.
“The mining sector is central to Zimbabwe’s economic growth, and Kuvimba’s projects are poised to unlock significant value for the nation. We are actively seeking to secure 950 million dollars in investment, which will be instrumental in boosting our lithium, platinum and gold extraction capabilities and expand our overall footprint in the mining sector,” Barnard said.
The ICS2025 summit has underscored the importance of international collaboration in advancing Zimbabwe’s mining potential.
“Zimbabwe’s mining sector is at a pivotal moment, and global investors can play a key role in helping unlock the value of its natural resources. By supporting companies like Kuvimba Mining House, we are not only helping to advance the industry but also fostering broader economic growth in Zimbabwe,” remarked ICS2025 spokesperson, Linda Chen.
Meanwhile, Kuvimba Mining House has become a key player in Zimbabwe’s mining sector, which remains one of the country’s most critical sources of foreign exchange. The company has laid out ambitious plans to reinvigorate its projects, with a particular focus on extracting valuable minerals, such as lithium, platinum, and gold. These minerals have garnered increasing attention from global markets due to their essential role in a range of industries, including electric vehicle production and renewable energy technologies.
Meanwhile, Kuvimba’s strategic focus on lithium extraction aligns with global trends toward cleaner energy and an increasing demand for lithium-ion batteries. Zimbabwe is home to some of the world’s largest lithium reserves, making it an attractive destination for investment in this critical mineral. Platinum and gold also remain cornerstone resourses for the country’s mining industry, with both commodities contributing substantially to Zimbabwe’s export earnings.
The call for investment comes at a time when Zimbabwe is striving to boost its mining sector, which is expected to contribute significantly to the country’s goal of achieving a $12 billion mining industry by 2025. The ICS2025 summit has reaffirmed its commitment to supporting Zimbabwe’s mining efforts, presenting a unique opportunity for investors to participate in the growth of this resource-rich nation.