Zimbabwe has sealed two deals with Chinese companies running into several millions of dollars for the off-take tantalite and chrome following the lifting of a four-year-old export ban on chrome ore.
Oman's Gulf Mining Ferro Alloys plans to double high-carbon ferrochrome production at its Sohar plant by building two new furnaces there, a company official said couple of days ago.
ZIMBABWE Mining and Smelting Company (Zimasco) Shurugwi division has reportedly downsized its workforce from approximately 1 500 to 56 employees, as the chrome giant faces mounting economic challenges.
ZIMBABWE Mining and Smelting Company (Zimasco) Shurugwi division has reportedly downsized its workforce from approximately 1 500 to 56 employees, as the chrome giant faces mounting economic challenges.
Government has denied the country’s two largest ferrochrome producers — Zimbabwe Alloys (ZimAlloys) and Zimbabwe Mining and Smelting Company (Zimasco) — permission to export raw chrome as part of its measures to force the two players to cede part of their c...
Industry officials will love to believe the worst is over for the ferroalloys industry and prices of intermediate products that go into adding strength and rust proofing of carbon, alloy and stainless steel, have bottomed out. Crystal gazing into commodity pri...
WHEN the ban on chrome ore exports was said to have been lifted in June, miners along the Great Dyke thought their woes would soon be over.
But the joy was short-lived as companies such as the Zimbabwe Iron and Smelting Company (Zimasco) and Zimbabwe Alloys...
Zimbabwe‘s largest ferrochrome producer, Zimasco has started scouting for a private company to process 40 000 metric tonnes of chrome ore fines currently stockpiled at its Kwekwe smelter plant.