Categories: Stories

Zimbabwe to construct $200 million platinum refinery with Australian firm

“As government we will direct the mining companies to sell at market prices to the facility. We have made it clear that as soon as a refinery is built locally, we would want processing done locally. South Africa actually has a law where you can’t take concentrate to process it outside the country,” said Chidhakwa.

Kelltech director Keith Liddell told the press conference that the refinery would employ a patented technology known as Kell Process which consumes less electricity compared to conventional refineries.

Currently, all three platinum miners which operate in Zimbabwe – Anglo American Platinum (Amplats)’s Unki Mine, the Impala Platinum owned Zimplats and Mimosa Mine, a joint venture between Sibanye Gold and Impala, send their matte for refining in South Africa.

Zimplats has said construction of its smelter is nearing completion while Unki expects to complete its refinery facilities in the second half of next year.

Mimosa has said that its operation is too small to sustain its own refining facility but would work with other mines over time to put one in place. – The Source

(299 VIEWS)

This post was last modified on May 17, 2017 2:19 pm

Page: 1 2

Charles Rukuni

The Insider is a political and business bulletin about Zimbabwe, edited by Charles Rukuni. Founded in 1990, it was a printed 12-page subscription only newsletter until 2003 when Zimbabwe's hyper-inflation made it impossible to continue printing.

Recent Posts

Britain says amendment of the Zimbabwean Constitution is a sovereign, legislative matter for Zimbabwe to decide

Britain says amendment of the Zimbabwe constitution is a sovereign, legislative matter for Zimbabwe to…

March 24, 2026

Who started the war?

It is now 47 years since I wrote the short story below for a South…

March 4, 2026

Zimbabwe 2026 monetary policy statement at a glance

Zimbabwe has released its 2026 monetary policy statement in which it seeks to stabilise its…

March 1, 2026

Was Chombo Mugabe’s number two?

Far from it, on paper that is. Ignatius Chombo was one of the longest serving…

February 6, 2026

Zimbabwe’s 2026 citizen’s budget

Zimbabwe on Thursday announced a ZiG290.9 billion budget with revenue expected to be ZiG287.6 billion,…

November 30, 2025

IMF says Zimbabwe’s economic recovery in 2025 is stronger than previously anticipated

The International Monetary Fund says Zimbabwe’s economic recovery in 2025 is stronger than previously anticipated…

November 8, 2025