Zimasco

Zimasco, alongside Afrochine, another Chinese firm, are Zimbabwe’s major ferrochrome producers, which is used in stainless production.
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Kwekwe-based ferrochrome producer, Zimasco’s plans to commence production on its Western Plant have hit a snag amid reports that the company has to first clear a US$7 million debt to the power utility, Zesa.
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Midlands-based ferrochrome producer, Zimasco, is carrying out rehabilitation works at its West Plant, as it prepares to restart operations at the furnaces.
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Zimasco has resumed ferrochrome production after having suspended production for seven months at its plants following a rise in global prices due to the coronavirus.
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Several former Zimasco employees in Shurugwi town were left homeless after they were evicted from the company houses they have been occupying.
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Midlands-based ferrochrome producer, Zimasco Private Limited, has begun preparatory works towards resuming operations starting this quarter after six months of closure.
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ZIMASCO management has dismissed as false, reports circulating on social media platforms claiming that the ferrochrome smelting company is set to resume operations by the end of this month.
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ZIMASCO, a unit of Chinese-owned Sinosteel, has hinted construction of new ferrochrome furnaces in Mberengwa in the Midlands Province could be delayed due to Covid-19 induced challenges.
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Kwekwe City Council is struggling to provide basic services due to low revenue inflows as it is owed $50,2 million by residents, institutions and companies.
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Chrome smelting giant Zimasco is set to open a modernised smelting plant in Mberengwa’s Neta area, which will result in the company employing over 4 000 employees, an official has said.
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