1.0 UPDATE ON SUNDRY INITIATIVES TOWARDS A US$ 12 BILLION MINING INDUSTRY BY 2023

Cabinet considered the update on Sundry Initiatives towards a US$12 billion Mining Industry by 2023 as presented by the Minister of Mines and Mining Development, Honourable Wiston Chitando.

The nation is reminded that Cabinet in April 2021 banned the export of lumpy chrome ores with immediate effect and export of chrome concentrates effective from July 2022. Chrome mineralization occurs mainly in two forms namely: lumpy ores which are fed straight into furnaces; and alluvial ores, like sands, which are upgraded into higher value sands for feeding into furnaces, commonly referred to as chrome concentrates.