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Amplats' Zimbabwe unit says would take two years to build smelter

Reuters - UK Focus

HARARE, March 20 (Reuters) - Anglo American Platinum's (Amplats) Zimbabwe unit said on Friday it would take two years to build a new smelter to comply with President Robert Mugabe's demands for firms to process platinum locally.

The government in January introduced a 15 percent export tax on unrefined platinum and Amplats said last month the levy would cost the company about $10 million a year. (Reporting by MacDonald Dzirutwe; Editing by James Macharia)