Minerals Marketing Corporation of Zimbabwe (MMCZ), intends to cancel the exemption for chrome ore, both lumpy and concentrates on domestic sales in line with the Statutory Instrument (SI) 111 of 1983 – Minerals Marketing Corporation of Zimbabwe (Exemption) Regulation 1983 Section 6.
According to Section 3 of the aforementioned SI, the Corporation had exempted local chrome sales. However, given the difficulties that chrome miners are facing with local buyers, MMCZ intends to cancel the exemption.
Meanwhile, MMCZ informs stakeholders that the current ex-works are as given below. The price list will be updated on a regular basis.
|Grade %||Q3 2022 Export Price||Grade %||Q3 2022 Export Price|
|Ex-Works US$/MT||Ex-Works US$/MT|
MMCZ assures all stakeholders that the Corporation is currently working to establish the necessary infrastructure and modalities to bring domestic sales under its purview for the benefit of all parties involved in chrome ore trade. Once finalized, all stakeholders will be notified.