2021-09-23 Zimasco completes feasibility study for Mberengwa furnaces

Sep. 22, 2021 - ZIMASCO, a Zimbabwean ferro-chrome producer owned by China's Sinosteel, has completed a feasibility study for the construction of furnaces in Neta, Mberengwa District, where it intends to build new mines, company spokesperson has said. This comes after the company announced a US$35 milli...

2018-06-16 Ziscosteel requires $1bn to kickstart operations

Jun. 15, 2018 - PARLIAMENT has recommended that the country’s rail system should be repaired to enable transportation of coal supplies to companies such as Ziscosteel. This came out in a report on Ziscosteel which was presented in Parliament last week by the Mines and Energy Portfolio Committee, where MP...

2018-01-02 ZimAlloys secures $100m, double capacity

Dec. 29, 2017 - Gweru-based giant ferrochrome producer, Zimbabwe Alloys (ZimAlloys), is set to double its production capacity and diversify to low carbon ferrochrome after securing a $100 million investment from Balasore Alloys Group of India. ZimAlloys general manager, Mr Mike Dzinoreva, said the new investor wi...