Our company successfully tapped iron at No. 1 blast furnace of Zimbabwe subsidiary

The No. 1 blast furnace of one of our three subsidiaries in Africa has successfully tapped iron, marking the official entry of the project into the production stage. The project is located in Mvuma, Central Province, Zimbabwe, and is one of the key strategic projects of Zimbabwe. It is expected to achieve an annual output of 600,000 tons of products in the first phase, 1.2 million tons in the second phase, 3.2 million tons in the third phase, and finally 5 million tons per year. By then, the project will directly create 10,000 jobs.