Portnex’s Zimbabwean FeCr operations closed for non-payment

Portnex halted ferrochrome production at Zimasco; the company has a lease that allows it to operate three of five ferrochrome furnaces at Zimasco’s Western plant. Two furnaces had been running. While company says it is conducting routine maintenance on the units, the plant’s power provider, Zesa, said it has cut off electricity following non-payment. This wouldn’t be the first time Portnex has been cutoff by its power provider.

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