MIDROC Investment Group’s MIDROC Gold Mine company has signed an agreement with CEMETC — Cement and Mining Technology GmbH, an international manufacturer of industrial and mining equipment, to supply machinery for the construction of its planned gold processing plant in Metekel Zone, Benishangul-Gumuz Regional State.
The agreement was signed by Dula Mekonnen, Deputy Chief Executive Officer of the Mining Sector at MIDROC Investment Group, and Thomas Plochberger, Chief Executive Officer of CEMETC.
Under the agreement, CEMETC will manufacture, install and supply machinery for a gold processing plant capable of processing 1.25 million tonnes of gold-bearing ore annually.
The company is also expected to complete and deliver the equipment required for the MIDROC Metekel Gold Plant within one year.
MIDROC Gold is one of the companies operating under MIDROC Investment Group and is among Ethiopia’s leading gold producers, contributing to the country’s mineral production and foreign-exchange earnings.
CEMETC was established in 1990 and is headquartered in Enns, Austria, and specializes in industrial technology, with a particular focus on the cement and mining sectors.
The company also provides advanced technological solutions designed to improve factory operations, production monitoring and overall operational efficiency.
The technology and equipment are expected to support MIDROC Gold in establishing a more efficient production system, enhancing processing capacity and contributing to increased overall productivity.
The agreement marks another step in MIDROC Investment Group’s efforts to expand industrial and mining investment and contribute to Ethiopia’s economic development.
