WORLD’S TOP PRODUCER OF STAINLESS STEEL TO START CONSTRUCTION OF A PLANT IN ZIMBABWE
Tsingshan Holdings Group Co., the world’s top producer of nickel and stainless steel, will start construction on an iron ore mine and a carbon steel plant in Zimbabwe in May, according to a senior government official. A fluorite and limestone production plant will also soon be set up, Information Minister Monica Mutsvangwa said in an emailed statement following a cabinet meeting. Afrochine, the local unit of Tsingshan, initially signed a $1 billion agreement in June…
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