Late on Wednesday Tsingshan responded to reports that Swiss commodity traders Glencore had forced the group to sell the position, demanding 60 percent of Tsingshan’s Indonesian holdings to make up losses, claims denied by Glencore. The company said that it had enough sheet nickel to deliver, hav...
Chinese steel producer Tsingshan Holdings Group has started initial production of pig iron at its $1bn steel plant in Zimbabwe, with the facility officially opening next month. The plant, operated by Tsingshan's Dinson and Iron Steel Company, is expected to produce 600,000 t/y of steel, usin...
AFRICAN Transmission Corporation Holdings (ATC), a Zimbabwe-based energy and infrastructure financial advisory and development firm, has reached financial close on a $120mn solar project to power up a local ferrochrome producer. The Herald wrote on November 30 that ATC will construct the 100-...
(Bloomberg) -- Tsingshan Holdings Group Co., the world’s top producer of nickel and stainless steel, will start construction on an iron ore mine and a carbon steel plant in Zimbabwe in May, according to a senior government official. A fluorite and limes
Late on Wednesday Tsingshan responded to reports that Swiss commodity traders Glencore had forced the group to sell the position, demanding 60 percent of Tsingshan’s Indonesian holdings to make up losses, claims denied by Glencore. The company said that it had enough sheet nickel to deliver, hav...