Ethiopia opens first gold refinery
Ethiopia has opened its first gold refinery through a fifty million dollar joint venture. The state-backed facility aims to process precious metals for domestic and regional miners.
Xurve View
Insights:
Xurve View
Ethiopia launched its first $50 million gold refinery over the weekend, establishing a regional processing hub in Addis Ababa. The joint venture aims to capture precious metals processing previously conducted outside Africa. Exports generated $5.6 billion in foreign exchange revenue last year.
