HARARE (Reuters) – The Zimbabwean unit of the world’s second largest platinum producer Implats will spend $690 million to upgrade its base metals refinery, the chief executive officer said on Wednesday.
“It will be build in two stages. The first stage will cost $190 million … we expect stage two will cost $500 million,” Alex Mhembere, the CEO ofZimplats told an analyst briefing in Harare.