Swedish firms are showing keen interest in Zimbabwe’s mining sector, driven by abundant opportunities and favorable incentives offered by the government. This development emerged during the Swedish-Zimbabwean Sustainability in Mining Expo held in Harare on Friday, where European Union-based companies demonstrated their enthusiasm for Zimbabwe’s growing mining industry, Mining Zimbabwe can report.
By Rudairo Mapuranga
Camilla Mellander, Director General of Sweden’s Ministry of Foreign Affairs, highlighted the purpose of the Swedish delegation’s visit, stating, “We are in Zimbabwe to assess the prospects for mining collaboration. During our visit to Zimplats, we observed that over 60% of the machinery used is from Sweden, underscoring the long-standing cooperation between our two nations. Sweden is well-positioned to contribute to Zimbabwe’s mining sector, particularly in providing equipment and sustainable practices.”
Mellander further emphasized the importance of sustainable mining for the growth of Zimbabwe’s mining industry, adding that Sweden’s mining sector, which plays a significant role in the country’s economy, could provide valuable insights and synergies for Zimbabwe’s mining value chains.
Zimbabwe’s commitment to strengthening ties with Sweden in the mining sector was echoed by Priscilla Misihairabwi, Zimbabwe’s Ambassador to Sweden, the Nordics, and the Baltics. “We are thrilled to host this delegation. It reflects the government’s dedication to facilitating foreign investment and growth in the mining sector, which has seen tremendous expansion thanks to various government initiatives. Sweden’s interest reinforces the strengthening ties between our countries, and we expect this partnership to unlock even more opportunities in resource extraction.”
The importance of balancing economic growth with environmental sustainability was emphasized by the Minister of Mines and Mining Development, Honourable Winston Chitando. “Zimbabwe is rich in mineral resources, and the mining sector is pivotal in achieving our Vision 2030. However, it is crucial to ensure that we adopt sustainable mining practices, and Sweden’s presence here is invaluable in helping us enhance these efforts for long-term success.”
The Swedish-Zimbabwean Sustainability in Mining Expo provided a platform for showcasing Swedish technologies and innovations aimed at promoting sustainable mining in Zimbabwe. It also facilitated the exchange of ideas and best practices between industry representatives from both nations, contributing to Zimbabwe’s broader agenda of engagement and re-engagement with global economies.
With Swedish mining firms already exploring the vast opportunities available in Zimbabwe, the future looks promising for a partnership that can drive growth and sustainability in the mining sector.
