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Why ACF is pouring millions into Zim The Standard

May 28, 2017Africa Chrome Fields (ACF), which is owned by non listed South African company Moti Holdings, caused a stir in 2014 when it announced that it would sink over $200 million into a mining project in Kwekwe that was expected to produce around 10 000 tonnes of ultra low carbon ferro chrome per month within 11 months.

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Amplats commissions quick return chrome plant. A new chrome recovery plant has been commissioned at Anglo American Platinum's (Amplats') Amandelbult mine in Limpopo province. The chrome plant, which cost R400 million, should generate additional free cash flow at current prices of between R350 million and R400 million a year.

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