04
Aug
10:38
Zimbabwe expects $1 billion Tsingshan investment, bans chrome exports
Tsingshan Holding Group’s subsidiary Dinson Iron and Steel’s plant investment in Zimbabwe will amount to $1 billion, according to media reports.
The plant will have a 1.2 million tonnes/year capacity (see Kallanish passim).
Tsingshan could not be reached for confirmation of the investment amount before deadline.
The proposed project includes the development of an iron ore mine. It will be a milestone as it will bring employment chances for …
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