Zimbabwe’s Ferrochrome Miners Agree to Build Power Plants
- Government is trying to balance energy demand in country
- Electricity tariffs for ferrochrome miners cut as part of deal
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Zimbabwe’s ferrochrome miners, the nation’s biggest electricity consumers, have agreed to build their own power plants over the next two years as the government seeks to balance energy demand.
Under the agreement, ferrochrome producers will in the meantime pay electricity tariffs that are little more than half the rate charged to other mining companies, according to state power utility Zesa Holdings Ltd.