Bloomberg News

SinoSteel Zimbabwe Unit Rebuilds Furnace, Herald Reports

May 15, 2012

Sinosteel Corp.’s Zimbabwe chrome mining and smelting company, Zimasco (Pvt) Ltd., is spending $35 million refurbishing a furnace at its smelter in Kwekwe, the state-controlled Herald said, citing Zimasco administrative manager, Clara Sadomba.

The re-building of the fire-damaged furnace should be completed this year and will increase production by 35 percent to 230,000 metric tons of high-carbon ferrochrome, the Harare- based Herald reported.

To contact the reporter on this story: Brian Latham in Johannesburg at blatham@bloomberg.net

To contact the editor responsible for this story: Antony Sguazzin at asguazzin@bloomberg.net


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