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Government set to bolster mining sector beneficiation for economic growth

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Government set to bolster mining sector beneficiation for economic growth

Story by Owen Mandovha, Business reporter

THE government is prioritising the beneficiation thrust in the mining sector to bolster the industry’s maximum contribution to economic growth.

The Minister of Mines and Mining Development, Honourable Soda Zhemu has vowed to introduce further policy interventions to grow the mining industry to over US$12 billion including buttressing the minerals beneficiation thrust.

“Beneficiation is a very important aspect to grow our mining sector and we are going to promote that across all mining sub-sectors including in the lithium sector which has witnessed enormous investment in lithium processing plants,” he said.

Minister Zhemu added he will focus on creating a dependable power supply to the sector to boost output.

“Power supply is a key ingredient to attract investment in the mining sector hence the need for entrenching investment by mining companies into other sources of power to guarantee maximum output,” said Minister Zhemu.

With the mining sector being key to the country’s foreign currency earnings, exploration to further sustain the industry in the long term is also on the minister’s priority list.