Global Trade Alert
Global Trade Alert

Zimbabwe: Government grants Australian-based Prospect Resources Ltd 5-year tax break on lithium exports

Announcement

06 Dec 2019

In December 2019, the Ministry of Finance and Economic Development of Zimbabwe granted the Australian-based Prospect Resources Ltd a temporary exemption with regards to the 5% export tax on "unbeneficiated" (i.e. unprocessed) lithium.

Source

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Number of interventions

3

1 certainly harmful

0 likely harmful

2 liberalising

List of interventions

Implementation date

06 Dec 2019

Revocation date:

No revocation date

Updated: 06 Dec 2019
Export tax In force

On 6 December 2019, according to consistent news reports, the Ministry of Finance and Economic Development of Zimbabwe granted the Australian-based Prospect Resources Ltd an exemption with regards ...

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Updated: 06 Dec 2019
FDI: Financial incentive In force

On 6 December 2019, according to consistent news reports, the Ministry of Finance and Economic Development of Zimbabwe granted the Australian-based Prospect Resources Ltd an exemption with regards ...

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Implementation date

06 Dec 2019

Revocation date:

No revocation date

Updated: 06 Dec 2019
Tax-based export incentive In force

On 6 December 2019, according to consistent news reports, the Ministry of Finance and Economic Development of Zimbabwe granted the Australian-based Prospect Resources Ltd an exemption with regards ...

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