President Emmerson Dambudzo Mnangagwa, today is in Matabeleland Area of Beitbridge where he is due to launch a mega Energy Metallurgical Park by Chinese XGL Company.
The Energy Park comprises four business objectives: thermal and solar power plant of about 1200 megawatts; high-carbon ferrochrome project targeting 2 million; coking coal project and stainless steel production.
Emissions at the plants are redirected to produce energy/electricity.
This means no damage to the environment.
Key points:
President to Lead Ground-Breaking of US$3.6bn Industrial Park in Beitbridge.
💠Total Investment: US$3.6 billion.
💠Location: Approximately 20km west of Beitbridge town.
💠Area: Covers about 5,100 hectares within a Special Economic Zone.
💠Employment: 400 jobs in the first year, with projections to exceed 2,000 jobs.
💠Key Facilities:
-Coking Plant: Annual capacity of 1,000,000 tonnes of coke
-Ferro-chrome Smelting Plant: Designed for 100,000 tonnes of high-carbon ferrochrome (with first phase targeting 200,000 tonnes).
-Power Plant: 1,200MW coal-fired thermal power station
💠Project Phasing: First Phase: US$237 million investment over 2 years.
💠Overall Duration: 12-year construction period.
