President Emmerson Mnangagwa says the country’s mineral resources play a pivotal role in the country’s economic revival.
He said this at the commissioning of the African Chrome Fields state-of-the-art Aluminothermic Plant at Chinyika Ranch, in the Midlands Province today.
“The launch of this plant is in tandem with government’s value addition and beneficiation thrust. It increases the economic value of chrome, thereby increasing Zimbabwe’s foreign currency earnings,” he said.
He said the plant is set to increase the country’s ferrochrome production capacity while commending the company for expanding and modernising the process of mining chrome.
“The plant will process alluvial chrome into ferrochrome with a capacity to initially produce 300 tonnes of ferrochrome per month and 600 tonnes at full production,” the President said.
President Mnangagwa said government will continue to support such projects in line with global best practices.
“Government will continue to improve the ease of doing business and produce win-win situations as well as improve infrastructure for the development of the nation,” he said.
The President said government will continue to work closely with the private sector in peace and harmony to rebuild Zimbabwe.
“The notion of us and them is now behind us we will continue to work together with the private sector and support each other for the development of the country,” said President Mnangagwa.
He said, under the new administration, Zimbabwe will never be the same again.
“Zimbabwe will continue to preach peace, preach unity and together we can. Under the new dispensation Zimbabwe will never be the same again as we will continue with our engagement and re-engagement exercise for the growth and development of the country,” said the President.
The African Chrome Fields is owned by the Moti Group and Sakunda Holdings.