Afrochine Smelting P/L

Afrochine Smelting (Pvt) Ltd was established in 2012 and is a subsidiary of Chinas second-biggest stainless steel products manufacturer Tsingshan Group. The company is currently setting up a state of the art ferrochrome smelting plant in Selous. Afrochine Smelting P/L accomplished the construction of 2 x 16.5MVA smelters with a capacity to produce 50,000 metric tons of ferrochrome per year, as the first phase of the project. These smelters are being constructed in Selous, which is located about 80km from the capital Harare. The total investment on the first phase is in the region of USD 25 million. The project will consume 120,000 metric tons of chrome ore and 24,000 metric tons of coke per year. Most of the raw materials for the processing of ferrochrome including chrome and coke are readily available in Zimbabwe. This initial phase of the project will employ about 400 local people. The total turnover of the first phase will be USD 100 million per year. During the second pha...