Government has revealed that the International Chromium Development Conference to be hosted by Zimbabwe on May 8, will attract more than 200 international delegates.
According to the Minister of Information Publicity and Broadcasting Services Monica Mutsvangwa, the event will provide a great opportunity for the promotion of the country’s rich resources.
“The Minister of Mines and Mining Development briefed the cabinet about the International Chromium conference to be hosted by Zimbabwe in 2019 under the International Chromium Development Association.
“The conference to be held in Victoria Falls will attract more than 200 international delegates in the mining and related sectors.
“The event will provide a great opportunity for the promotion of the country’s rich resources and attracting investment inflows in the mining sector.
“The decision by the International Chromium Development Association for Zimbabwe to host this prestigious conference underscores Zimbabwe’s rising importance in the chromium industry,” said Mutsvangwa.
Meanwhile, government and a Chinese mining company, Tsingshan on Tuesday signed a multi-billion dollar deal which will allow the latter to mine chrome, iron ore, nickel and coal in Zimbabwe.
According to Mines and Mining Development Minister Winston Chitando, the initial phase of the deal will cost US$2 billion. The figure will rise to between US$5 and US$10 billion to involve the establishment of a power generation plant and the construction of a railway line to a port.