RE: Out look9 Apr 2021 07:59
World number one stainless firm Tsingshan, through its local arm Afrochine, plans to set up an iron ore mine and steel plant near Mvuma, a long-delayed project that the government is desperate to kick off midyear. Afrochine, which runs a nickel smelter at Selous, is building coke batteries in Hwange to prepare for production.
“Given the Lubu Coking Coal Project’s proximity to Hwange, the Company and the Potential Offtake Partner have entered into discussions with the view to Contango supplying the coking coal for the coke batteries on a long-term offtake,”