22
Sep
14:24
Zimbabwe’s Zimasco expands ferrochrome production
Zimbabwe’s largest integrated ferrochrome producer, Zimasco, whose majority shareholder is China’s Sinosteel, has completed a feasibility study for the construction of furnaces in Neta, Mberengwa District, where it intends to build new mines.
This comes after the company announced an estimated total investment of $65 million into the construction of new furnaces and sinter plant at its Kwekwe smelting complex. This will enable the company to hike …
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