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Home Mining

Sinomine’s N$2 billion recycling project to create up to 200 jobs

by reporter
July 27, 2025
in Mining
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Sinomine’s N$2 billion investment in the Multi-Metals Recycling (MMR) Project in Tsumeb is expected to generate between 150 and 200 jobs during the construction phase, as the company advances efforts to diversify its operations and promote sustainable resource recovery.

The project, which introduces advanced technology to extract valuable metals from legacy slag, received its Environmental Clearance Certificate in May 2025 and is progressing steadily.

Sinomine’s Manager of Communications, Alina Garises, said the initiative supports Namibia’s circular economy objectives and positions Tsumeb as a future hub for sustainable metal recovery.

“The Multi-Metals Recycling Project will create much-needed employment during construction, with between 150 and 200 jobs expected to be generated. This initiative is part of our broader strategy to build a more resilient, diversified, and sustainable business in Namibia,” Garises told Namibia Mining & Energy.

She said the project would deliver substantial local benefits while reducing environmental exposure.

This development follows Sinomine’s decision to place the Tsumeb Smelter under care and maintenance, citing current market conditions. According to the company, infrastructure is being preserved for a smooth restart once market conditions improve.

Garises noted that workforce requirements are being managed carefully, with employee welfare a key consideration. “These measures are part of a broader strategy to build a more resilient, diversified, and sustainable business in Namibia. As part of this strategy, the company is advancing several key initiatives aimed at diversifying operations and strengthening long-term viability,” she said.

She added that the company is closely monitoring recent government interventions, including the halting of a voluntary separation scheme, and is assessing its next steps accordingly.

“The company is committed to long-term strategic initiatives aligned with the National Development Plan objectives, including the construction of its Multi-Metals recovery facility. While broader developments are always taken into consideration, current timelines remain under regular internal review,” Garises said.

As part of its restructuring plan, Sinomine is aiming to reduce overall costs by 30 to 40%, having earlier introduced a voluntary separation programme for employees

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