Dec 03, 2022 04:59 AM

BUSINESS

Tsingshan Expands Investment in Zimbabwe

By Ly Yutong and Denise Jia

What’s new: Chinese stainless steel and nickel giant Tsingshan Holding Group Co. agreed with the government of Zimbabwe to expand its investment in steel and coke capacity and start cement and lithium mining and processing in the southern African country, Tsingshan said Friday.

Zimbabwe President Emmerson Mnangagwa and Tsingshan’s founder and Chairman Xiang Guangda oversaw the signing of the agreement Tuesday in Harare.

You've accessed an article available only to subscribers

Subscribe today for just $.99.

VIEW OPTIONS

Share this article

Open WeChat and scan the QR code

GALLERY

: Gallery: China Freezes Up as Mercury Tumbles

NEWSLETTERS

Get our CX Daily, weekly Must-Read and China Green Bulletin newsletters delivered free to your inbox, bringing you China's top headlines.

We ‘ve added you to our subscriber list.

Manage subscription

PODCAST

Caixin Biz Roundup: China’s Door Will Only Open Wider, Liu He Tells Davos

00:00

00:00/00:00

MOST POPULAR

1: Weekend Long Read: Liu He’s Davos Speech Explained

2: China to Resume Overseas Group Tours Feb. 6 to 20 Countries

3: In Depth: China Boots Record Number of Companies From Its Bourses

4: China Shivers Through Freezing Lunar New Year as Temperature Records Tumble

5: China Ups the Ante Against False Online Content Over Lunar New Year

SPONSORED

OR