Zimasco secures US$35m to resuscitate furnace

administration general manager Clara Sadomba said the company was already revamping the furnace, which would increase production.

“The investment from Sino Steel, which owns 73percent of the company, towards rebuilding furnace number two was received and work is currently underway.
“The restoration of the furnace will increase output of high-carbon ferrochrome from current levels of 170 000 metric tonnes per anum to 230 000 metric tonnes per anum,” she said. Ms Sadomba said the rebuilding exercise was expected to be finished by year end. The Zimbabwe Chamber of Mines estimates chrome output this year will increase to 3,5 million tonnes from last year’s 1,5 tonnes. — New Ziana.

 

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