Prime Minister Abiy Ahmed has inaugurated Ethiopia’s National Precious Metals Refinery at the Bole Lemi Special Economic Zone in Addis Ababa.
Established through a partnership between Ethiopian Investment Holdings and Dubai-headquartered Sam Precious Metals, the facility will refine gold into export-ready bullion and manufacture gold and silver bars.
With a stated annual capacity of more than 600 tonnes of precious metals at full capacity, the refinery aims to strengthen domestic processing, improve quality assurance and position Ethiopia as a regional refining and manufacturing hub.
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