Culture

ZIMBABWEAN PRESIDENT COMMISSIONS NEW CHROME FACTORY

KWEKWE, ZIMBABWE-- President Emmerson Mnangagwa on Wednesday commissioned a state-of-the-art aluminothermic plant in Kwekwe in Midlands Province built by African Chrome Fields (ACF) (Pty) Limited, a subsidiary of South Africa's Moti Group.

Commissioning of the plant in Kwekwe, about 210 kilometres southwest of the capital, Harare, came a day after President Mnangagwa officiated at a ground-breaking ceremony for a 4.2 billion US dollars platinum mining project by Karo Mining Holdings in Mhondoro-Ngezi.

President Mnangagwa said investment commitments in the country had exceeded 16 billion USD in the

past eight months and he urged other investors to seize opportunities that abound in the country. The continued investments being made across the country had resulted in the creation of thousands of jobs.

President Mnangagwa said he expected that the investment by ACF would inspire other companies which committed to invest in the country, which is endowed with vast mineral resources.

The government, he said, was committed to work with the private sector in order to grow the economy.

Let's work collectively in unity, peace and love to build a Zimbabwe we want, said President Mnangagwa.

He applauded ACF for expanding its operations in the mining sector, which is playing a pivotal role in the developmental trajectory of the country. The plant will increase the economic value of chromite ore by removing commercially worthless material that surrounds the mineral, resulting in the production of a higher grade ferrochrome with few impurities.

Source: NAM NEWS NETWORK