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Sunday, 4 July 2010

Investment Watch (Manganese)

Superdeal Investment Limited, a Chinese firm, is set to establish a $2m manganese refinery kiln in Kabwe. According to the CEO Luobin Bin Luo the refinery is expected to create about 400 local jobs: "We have a huge investment in Zambia and our plans are to put up a large furnace besides the plant we have. This investment will not only create employment opportunities but also contribute to the revenue base of this country. We have already presented our investment plans to the Zambia Development Agency and our intention to construct a furnace right here in Kabwe which will boost our production...". 

We have previously touched on the manganese question here, here and here.

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