Zero Pindula

WhatsApp Message

*Zim to build $200 platinum refinery says Minister Chidhakwa*

*Follow Pindula on WhatsApp for daily new updates*
https://whatsapp.com/channel/0029Va84dngJP21B2nWeyM3v?ho

Minister of Mines and Mining Development Walter Chidhakwa has said that the government is working on building a 300 000 tonne platinum refinery plant. The plant which is expected to cost $200 million will be a joint venture with Australia-based firm Kelltech. In terms of shareholding, Keltech will own 49 percent, State-owned Zimbabwe Mining Development Company (ZMDC) will own 30 percent and Golden Sparrow will own 21 percent. Golden Sparrow is headed by labour lawyer Caleb Mucheche.

Said Chidhakwa:

----------
itel A70 256GB
$99USD

WhatsApp: https://wa.me/+263715068543
Calls: 0772464000
----------

> We have been trying to use taxation but until we have established a facility to process locally the companies will continue to argue that we are being unfair. Once we have processing capacity locally we will institute a law that the amount of concentrate produced first takes care of the capacity that would have been established locally before it can be exported.

> We have made it clear that as soon as a refinery is built locally, we would want processing done locally.

More: New Zimbabwe

_If you found this article useful_
*Please support Pindula by forwarding to friends and groups*