President Emmerson Mnangagwa has witnessed the signing of signing of a promotion of coal exports agreement between the government and Victoria Consulting limited of India in Harare today.
President Mnangagwa said Zimbabwe has an opportunity to grow the mining industry as the market is readily available.
“The country only produces two million tonnes of coal deposits per annum against a demand of 52 million metric tonnes on the Indian market. The local mining industry should aim and begin working on how to meet the demand by increasing the production of coal,” he said.
Minister of Mines and Mining Development Cde Winston Chitando said he will ensure Zimbabwe benefit from the agreement.
A representative of Victoria Consulting Limited said they are committed to ensuring the arrangement is a success.