Zimplats spends US$100 million on alternative energy
Zimplats is set to commission a US$60 million 45-megawatt (MW) solar power plant next month, making the platinum group metals (PGM) producer’s investment in energy solutions a total US$97 million.
Zimplats investments reach US$2,5 billion in Zimbabwe’s PGM sector
Zimplats has invested more than US$2,6 billion cumulatively in Zimbabwe since commencing operations in 2001, with the platinum producer pursuing a long-term expansion strategy aimed at building a fully integrated and globally competitive mining business.
Zimbabwe platinum producers owed $228m in unpaid export earnings
Zimbabwe’s government owes platinum miners $228-million in unpaid export income under its foreign currency retention system, exerting pressure on a sector recovering from a price collapse, an industry executive said on Friday.