Small-scale Miners to Benefit From a US$2 million EV scheme


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Mining Correspondent

Artisanal and small-scale miners are set to benefit from an Electric Vehicles (EV) scheme, which is scheduled to be launched next month by the Zimbabwe Miners Federation (ZMF).

This development follows ZMF president Ms Henrietta Rushwaya’s successful US$2 million EV deal in China, which will provide ZMF members with vehicles at a discounted cost.

In a telephone interview from China, Ms Rushwaya stated that besides benefiting the artisanal and small-scale miners, the deal will contribute to President Mnangagwa’s sustainable mining initiatives.

She added that the EV scheme will pave the way for a green revolution in the country.

“The initiative represents a significant step towards promoting green energy in the artisanal and small-scale mining (ASM) sector, aiming to reduce carbon emissions in Zimbabwe.

“It is also aligned with the nation’s Sustainable Development Goals (SDGs), and as ZMF, we are committed to fostering sustainable practices in Zimbabwe’s mining industry. This will ensure that all members have access to resources and growth opportunities,” she said, adding that the deal is worth US$2 million.

Under the EV scheme, EV vehicles will be sold to ZMF members at a discounted cost via a loan scheme.

While the schedule for the cars will be available soon, inside information suggests that the vehicles will cost a little less than $8,000.

The introduction of EVs aligns with the global shift towards a more sustainable future, particularly in light of the ongoing electric vehicle revolution.

Building on this momentum, ZMF recently launched an equipment and consumables scheme in Zvishavane, specifically targeting the empowerment of youth and women engaged in ASM activities.

This initiative reflects ZMF’s dedication to fostering inclusivity and sustainability within the mining sector.

Morgan Mugawu, Secretary General of ZMF, praised Rushwaya’s accomplishments, emphasizing the tangible benefits that EV adoption will bring to ZMF members.

Under the newly established scheme, ASM participants will also have the opportunity to acquire EV motorcycles at an affordable rate, with a minimal $300 deposit and a convenient payment plan of $200 per month for three months.

“ZMF has secured a deal with a Chinese company, and our president is currently in China and has already signed the deal.

“Small-scale miners will receive equipment and EVs at affordable prices as we aim to expand the ASM footprint in the country.

“The ZMF will ensure that the deal leads to the manufacturing of clean energy-powered equipment and services in the ASM industry,” said Mr Mugawu.

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