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Mozambique Mandates 15% State Stake in Mines and Bans Raw Mineral Exports

The new rules bar exports of unprocessed minerals and give the government equity in mining projects. Mozambique is the world’s third-largest graphite producer.

Semafor
1 source·Jun 5, 9:42 AM·1m read
Mozambique Mandates 15% State Stake in Mines and Bans Raw Mineral ExportsSemafor
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Mozambique will take a 15% stake in domestic mining ventures and will prohibit companies from exporting non-processed resources under a new mining law reported June 5, 2026. The southern African nation is the world’s third largest producer of graphite, a mineral used to make batteries, and holds significant quantities of gold, copper, titanium, and tantalum, a mineral in high demand by electronics makers.

The measures follow a pattern set by other African governments seeking greater control over minerals tied to the global energy transition.

Last week, DR Congo added lithium to a list of strategic minerals subject to increased royalties. Zimbabwe banned exports of all raw minerals last year to favor in-country value addition. Semafor reported that the southern African nation is the latest on the continent to pursue more government ownership of natural resources.

Some mining experts note that smelting and refining can be the most volatile segment of the minerals value chain, because processors must pay for feedstock when mined materials are in short supply.

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