Platinum giant Zimplats yesterday charmed the government through part of its US$1,8bn investment in setting up a Mineral Concentrator Plant in Turf, Mhondoro-Ngezi, and other projects including a smelter, which resonates with its mantra of value addition and beneficiation of local minerals.
Addressing delegates during the commissioning of the plant yesterday, the Minister of Mines and Mining Development Winston Chitando said the plant will enable the country to process its minerals locally, adding value and creating new opportunities for its people.
“I would like to commend the management and staff of this company for their commitment and hard work in making this project a reality. You have shown that with determination, dedication, and a clear
vision, anything is possible. Your efforts will not only benefit your company but also the entire nation.
“As we all know, the mining industry is a critical sector of our economy, and it plays a crucial role in creating jobs, generating revenue, and supporting the growth of our country. However, for too long, we have relied on the export of raw minerals, which has limited our ability to capture the full value of our resources.
“This plant will enable us to process our minerals locally, adding value and creating new opportunities for our people. It will also help us to diversify our economy and reduce our reliance on commodity prices,” he said.
He also urged other mining companies to invest in new technologies, research, and development to ensure that the country remains competitive and continues to add value to its mineral resources.
“I urge other companies to follow in your footsteps and invest in value addition and beneficiation. Together, we can build a strong and prosperous economy that benefits all our people. As we move forward, we must continue to prioritize beneficiation and value addition in the mining industry,” he said.
Speaking during the same event, the Minister of State for Mashonaland West Mary Miliswa said the initiative is a testament to the positive relationship shared with the private sector and the government.
“We also take cognizance of the impact this project has towards Vision 2030 of achieving an Upper Middle Income Economy as envisioned by His Excellency, The President.
“We can achieve this vision through direct and indirect employment creation, increased gold export revenues, and advancement of the mining sector by implementing better technologies. We are proud to see how the diligent hard work of men and women at Zimplats has set a great example towards the national vision,” she said.
The company also intends to develop a 110 MW solar power plant, with sufficient capacity to satisfy the needs of the company, including related mining and mineral beneficiation facilities.