Seizing Opportunities, HCCL Calls on Banks for Capital to Fuel Infrastructure Growth
Hwange, Zimbabwe – Hwange Colliery Company Limited (HCCL) stands as a cornerstone in Zimbabwe’s mining sector, renowned for its rich coal deposits and strategic initiatives aimed at enhancing production and sustainability. Under the leadership of CEO William Gambiza, HCCL is undergoing a transformative phase, leveraging innovative partnerships and advanced technologies to unlock its full potential.
Strategic Partnerships and Projects
One of the company’s most significant developments is its joint venture with ZJHI, designed to tap into the underground potential of their mining operations. This collaboration is set to revolutionize coal extraction, with plans to commence mining from depths of 2 kilometers and extending to 6 kilometers. The targeted extraction capacity is an ambitious 3 million tonnes of coal per annum, establishing HCCL as a leader in the underground mining sector.
Advancements in Production
HCCL is not just focused on coal extraction; it is also committed to value addition through the production of coke. The company is revitalizing its coke oven battery, which will produce 18,000 tonnes of coke annually. Furthermore, there are plans for a staggering 1.8 million tonnes per annum coke battery, marking a significant leap in its operational capacity.
Commitment to Local Development
CEO William Gambiza emphasizes the importance of local enterprise development, stating that HCCL is dedicated to fostering relationships with local communities. The company has introduced initiatives like contract farming, which empowers local farmers by integrating them into its supply chain. This approach not only supports local economies but also enhances the overall efficiency of HCCL’s operations.
Vision for the Future
Under Gambiza’s leadership, HCCL is aligned with the national vision of achieving an upper-middle-income economy by 2030. The company is making strides toward this goal by enhancing production capabilities, investing in sustainable practices, and creating job opportunities within the community.
As HCCL continues to innovate and expand, it remains a vital player in Zimbabwe’s mining landscape, contributing significantly to the country’s economic growth and development. With a strong commitment to sustainability and community engagement, Hwange Colliery Company Limited is poised to lead the charge in shaping the future of mining in Zimbabwe.
