The Zimbabwean government has approved a $2.83 billion proposal by a group of Chinese investors to build a $2.83 billion steel complex including lithium, platinum and nickel, the latest step to revive its crumbling economy.
Hong Kong Eagle International Investment Holding and Pacific Goal Investment plan to build an integrated industrial complex including lithium, salt, nickel sulphate plants and a nickel-chromium alloy smelter.
Eagle International explained that “the goal of the new SEZ energy industrial complex is to develop the industrial value chain represented by new energy metals such as lithium and nickel, increase the value-added of mineral products, and create a modern energy production base that spans the whole world. , and its center is in Africa.
Source: El Iktisad
