HIGH carbon ferrochrome exports have registered a 35 percent jump in the first quarter of the year compared to 85 000 tonnes produced the same period last year, earning the country US$100 million, according to official statistics.
The industry has continued to heed President Mnangagwa’s call not to export unbeneficiated chrome. The first four months of the year saw the Minerals Marketing Corporation of Zimbabwe (MMCZ) shipping out 115 000 tonnes of high carbon ferrochrome compared to 85 000 tonnes last year.
Statistics from MMCZ show that the exports also earned the country US$95,5 million up from US$84,9 million, which signifies a 12,4 percent increase in monetary value. Continue Reading →