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*Zimplats Opens Third Mining Concentrator To Expand Zimbabwe's Mining Capacity* *Follow Pindula on WhatsApp for daily new updates* https://whatsapp.com/channel/0029Va84dngJP21B2nWeyM3v?go Zimbabwe’s largest platinum producer, Zimplats, has opened a third mining concentrator as part of a $1.8bn investment program to expand the country’s mining capacity. Speaking at the official opening of the concentrator, Mines Minister Winston Chitando stated that value-addition and beneficiation are crucial for Zimbabwe’s economic development, creating jobs, increasing exports, and generating revenue for the government. He said: ---------- Latest itel S24 available on Pindula: 128GB storage, 4GB RAM $119 USD WhatsApp: +263715068543 Calls: 0772464000 Buy Online: https://www.pindula.co.zw/market/itel-s24-128gb-22-20240426142756795795/?s=wanews ---------- > What we have today is commissioning of a concentrator plant built by Zimplats which is part of the US$1.8bn investment programme. > This plant represents a significant milestone in the value-addition of mineral resources to promote a sustainable mining industry. > As we all know, value-addition and beneficiation are very key to our economic development, they create jobs, increase exports and generate revenue for the government. Therefore, it is our duty as a nation to promote and support industries that add value to our natural resources. Zimplats also plans to develop a 110-megawatt solar power plant to power its facilities. In 2021, the firm announced plans to invest $1.8bn by 2028 in Zimbabwe’s mining facilities, including a base metal refinery and a sulfuric acid plant to increase production. In 2021, Zimbabwe imported $4.3m worth of sulfuric acid and remains a significant fertilizer importer, despite having the potential to produce it locally. The government is prioritizing the creation of a fertilizer supply chain to help Zimbabwe achieve food security, and the treasury has set aside $22m to stimulate the creation of this supply chain, according to The Herald. Currently, the country has only one fertiliser producer, Zimbabwe Phosphate Industries. *More Pindula News* _If you found this article useful_ *Please support Pindula by forwarding to friends and groups*
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