Zimbabwean miners have thrown their weight behind Government’s roadmap towards attaining a US$12 billion mining industry in the next three years, saying the targets were achievable but implored the need to come up with a collective action plan.
Zimbabwe Chamber of Mines, a body that represents mining companies, told The Sunday Mail Business in an interview that local miners were ready to co-operate, given Government had shown the direction for the country’s mining sector.
On Monday, President Mnangagwa launched a strategic roadmap to propel the country’s mining sector to a US$12 billion mining industry by 2023.
In the chromite sector, Zimasco is building four new ferrochrome smelting complex with a capacity to produce 140 000 tonnes per annum. The smelting complex will be built at Neta in Mberengwa and is a joint venture with Afrochine Smelting.
The first furnace will be commissioned in 2021, followed by the commissioning of two furnaces in 2022 and the last in 2023.
Zimasco is also building the sixth furnace at the Kwekwe smelter with the capacity to produce 55 000 tonnes.
“We are quite confident that the sector targets set by the Government will be met,” Ms. Clara Sadomba, the spokesperson for Zimasco, a unit of China’s Sinosteel said.
[source: The Sunday Mail]
