SMM to inject $75 mln to bring asbestos production to full capacity

Taurai Mangudhla and Tinashe Makichi MASHAVA – SMM Holdings plans to inject $75 million into the business and bring production at its King and Shabani mines to full capacity of 120 000 tonnes of asbestos annually. More investment is envisaged on prospecting for chrome and processing of existing dumps, CEO  Chirandu Dhlembeu said during President Emmerson Mnangagwa’s  tour…