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Chinese-Built Plant to Turn Zimbabwe into Africa’s Biggest Steel Producer

by Cobus van Staden
Zimbabwe's President Emmerson Mnangagwa (middle, wearing a multicolored scarf) at the groundbreaking ceremony of the Dinson steelworks. Image via the Zimbabwe Chinese Network WeChat page.

A new Chinese-led plant could turn Zimbabwe into Africa’s largest producer of iron and steel. Zimbabwean president Emmerson Mnangagwa led the groundbreaking ceremony of the new $1.5 billion project, led by Dinson Iron and Steel, a subsidiary of the Chinese company Tsingshan Holdings. 

The plant will have the capacity to produce 1.2 million tonnes of steel, which would turn Zimbabwe into a steel exporter. Currently, the country imports 90% of its steel, mostly from South Africa, Zambia, and the Seychelles. (PINDULA)

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