On April 28, the groundbreaking ceremony for the polymetallic recovery project at the Tsumeb Smelter of Sinomine Resource Group Co., Ltd. (hereinafter referred to as "Sinomine Resource") was held. Wang Pingwei, Chairman and President of Sinomine Resource, attended the ceremony and delivered a speech.
Wang Pingwei stated that Sinomine Resource firmly supports the polymetallic recovery project at the Tsumeb Smelter and expects to transform the smelter into an important polymetallic recovery base. The reason for Sinomine Resource's continuous investment in the Tsumeb Smelter primarily stems from its confidence in the market demand for rare and critical minor metals, as well as in the strategic transformation and future development of the Tsumeb Smelter.
As the "pearl" of Namibia's mining industry, the Tsumeb Smelter is renowned worldwide for its exceptional technology in processing complex copper concentrates. Since its full acquisition by Sinomine Resource in August 2024, this century-old smelter has embraced opportunities for strategic upgrades. Leveraging Sinomine Resource's capabilities in resource integration within the global mining sector, the Tsumeb Smelter is accelerating its transformation into a comprehensive polymetallic recovery center.
The project focuses on the development of strategic metal resources such as germanium, gallium, and zinc, with a planned total investment of $223 million. It is designed to process 200,000 mt of slag annually. Upon completion, it is expected to produce 33 mt of germanium ingots, 11 mt of industrial-grade gallium, and 10,900 mt of zinc ingots per year.While enhancing resource utilization, this project will minimize its environmental impact, demonstrating Sinomine Resource's commitment to practicing "green mining" and making new contributions to Namibia's economic development.
