Zimbabwe project

On April 12, 2019, Chenxi Investment began operating in Zimbabwe. We invested $22 million in two initial mines, Boterekwa and Lower Gweru in Midlands province, and subsequently conducted an additional 6 over the past 4 years

A mining investment. Our largest mining investment is located in Shurugwi Buterekwa, which is regarded by many as the heart of the Midlands province due to its beautiful mountains and picturesque natural landscapes.

Since starting our business in Zimbabwe, our human resources have increased to nearly 1000 employees and fixed assets of approximately $90 million, including a CIP beneficiation plant with a daily ore processing capacity of 500 tons and a crushing equipment with an hourly capacity of 2800 tons.

In addition to our two flagship businesses, Chenxi Investment has also engaged in contract mining cooperation with listed companies in Zimbabwe, Myanmar, and globally.

Currently, we are engaged in a variety of environmental remediation activities, including:

-Artificial afforestation

-Artificial terraced fields and vegetation coverage to ensure slope stability

-Stone covering

-Backfilling