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Mineral Production Records 13.2 per cent Cumulative Growth

Zimbabwe's mining firms are set to cash in on the rally in global commodity prices, which have been spurred by jittery market conditions resulting from the Ukraine- Russia conflict.

Globally, most of the chrome ore is used in metallurgical applications.

PRESIDENT Emmerson Mnangagwa yesterday called on industrialists to enhance value addition and diversify their exports to end the exportation of raw commodities.

MERAFE Resources, a ferrochrome producer in a joint venture with Glencore, said yesterday that 2021 had been a year of recovery as financial and operational improvement was bolstered by the high demand for ferrochrome.

Merafe Resources Limited

ZIMBABWE'S metal industry has been described as a sleeping giant that needs to be awakened in line with the country's industrialisation agenda. This came out at the Metal Casting and Engineering Summit that kicked offyesterday in Harare,with the academia on bo...

Senior secured loan of up to US$ 28m to Yildirim Albanian Mining Investments Sh.p.k. and Albchrome Sh.p.k. for the purpose of the acquisition of Albchrome Holding Sh.p.k. by Yildirim Holding A.S..