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Tsingshan of China Plans Iron Ore Mine, Steel Plant in Zimbabwe

Photographer: Vincent Mundy/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 limestone production plant will also soon be set up, Information Minister Monica Mutsvangwa said in an emailed statement following a cabinet meeting.