June 12, 2025 News:
The first phase of a $12 million ferrochrome project in Kwekwe, Zimbabwe, invested by Global Union Alloy, has been successfully completed and is set to commence production. The construction of this project marks another significant milestone in Zimbabwe’s “Second Republic” strategy to promote industrialization and enhance the value-added processing of mineral resources.
Located in the mineral-rich Midlands Province, the project has already installed two blast furnaces, with plans to add three more in subsequent phases. The factory is scheduled to commence operations in August this year, further strengthening the province’s role as an industrial hub.
Kudakwashe Chitakure, the manager of Global Union Alloy, expressed his satisfaction with the project’s progress: “We are thrilled with the construction achievements of the factory. Currently, the two blast furnaces have been completed, with only final tasks such as power supply connection remaining, which will be finalized next month. We currently have 105 employees, and this number will increase to 515 once the project reaches full production capacity. Each blast furnace can produce 35 mt of ferrochrome per day during peak periods.”
The Zimbabwean government has highly commended the project, stating that it aligns with the objectives of the National Development Strategy 1 (NDS1) and the “Vision 2030” goals. Owen Ncube, the Minister of State for Provincial Affairs and Devolution for Midlands Province, praised the investment, saying, “Global Union Alloy’s investment fully responds to the Second Republic’s call for high-value-added development of mineral resources. The project will make significant contributions to enhancing national and provincial GDP, foreign exchange earnings, employment, and technology transfer, all of which are core pillars of the economic transformation agenda.”
Source: US$12 million ferrochrome project to commence production – ZBC NEWS
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