Danish cement mining company and Canadian East Africa Minerals have been granted major mining licenses which is seen as a kick for Ethiopian mining industry
Dannish mining company FLSmidth has signed a contract for a greenfield cement plant with Abay Industrial Development Share Company for a plant to be located near the city of Dejen in Ethiopia.
The contract is valued at around EUR 100 million which includes design and engineering, full equipment supply, automation systems, installation and commissioning as well as training and extended supervision.
The plant is expected to be completed during the second quarter of 2022, with an operational capacity of 5,000 tonnes per day.
“This greenfield plant will be utilising the most modern and energy-efficient equipment with the lowest possible environmental impact. I am also very pleased that with training and supervision included in the contract, we will help create 300 jobs in this region – as well as a source of cement for continuing regional development. This contract once again underlines our position as the preferred supplier of sustainable and productivity-enhancing solutions to the global cement industry,” said Jan Kjaersgaard, President, Cement, FLSmidth.
Ethiopia is keen on running a successive mining sector with the government supporting mining companies by giving them tax incentives.
The sector has been undergoing ups and downs over the past couple of years. Export earnings from the mining sector showed a decline of 51.9 million dollars to 167.25 million dollars, according to the Ministry of Trade (MoT).
