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WhatsAppMinister of Commerce, Trade and Industry Christopher Yaluma has commissioned a US 50 million Chinese and Chilean owned mill ball plant in Kalumbila District of North Western Province. Yaluma, said the move is part of government''s commitment to accelerating industrial growth by increasing its manufacturing base in order to achieve continuous economic growth.
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WhatsAppThe finished plant will enable mines in Zambia – and neighbouring countries such as the Democratic Republic of Congo and South Africa – to procure their millballs at lower cost and on shorter notice, because of the proximity of the plant to their operations. The Elecmetal plant will be operating in Zambia as a ChileanChinese joint venture, Long Teng Zambia Limited.
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WhatsAppSCAW Limited, a Kitwebased steel and iron manufacturing company, is struggling to secure market for its mill balls because the mining firms prefer to import the same products.
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WhatsAppKabungo said instead of stocking up for longer periods, mining companies, which previously imported mill balls from South Africa and China, would now utilise capital reserves and procure the material locally for immediate consumption. Meanwhile, ME Long Teng Grinding Media Zambia Limited production director Alix Zhang said since the onset of production last year, the company "has been
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