Zim Now Writer
Industrial Development Corporation of Zimbabwe has dispensed US$1,4 million into the renovation of the G&W Industrial Minerals mine in Rushinga.
The investment is meant to speed up the production of lime and enhance import substitution.
The refurbished mill will produce about 100 000 tonnes per annum.
G&W Industrial Minerals had been placed under care and maintenance in 2016 due to viability challenges.
As a result, Zimbabwe has been importing lime.
IDCZ Board Chairperson Winston Makamure said the firm was targeting to supply 30 percent of the 2022 agricultural season’s lime requirements.
“The target is to supply over 30 percent of 2022 agricultural lime requirements of 250 000 tonnes and to meet national demand from 2023 onwards after installation of another limestone milling plant with capacity of 300 000 tonnes per annum. Lime is strategic in the National Development Strategy 1 (NDS1) agenda on food security and nutrition,” he said.
He said IDCZ also intended to invest in a hydrated lime plant.
Zimbabwe currently imports hydrated lime from neighbouring Zambia.
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