Afrochine Smelting

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    Afrochine secures US$1 bn for Chivhu steel plant

    Afrochine Smelting – a subsidiary of the world’s largest stainless steel producer Tsingshan Holdings – has secured the US$1 billion needed for the first phase of the project to establish a steel plant in Chivhu and is already setting up infrastructure at the site. President Mnangagwa is expected to commission the project, which will stretch over areas such as Chivhu,…

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