NEWS: Ethiopia records USD 23m AfCFTA trade as tariff schedules lag
NEWS: MIDROC signs machinery deal for 1.25m-tonne Metekel gold plant
NEWS: Ethiopia cuts foreign homeownership threshold to USD 100,000 in three regions
NEWS: Ethiopia’s gold export earnings reach USD 5.65bn, up 61%
NEWS: Djibouti faces tighter debt controls amid $5.5bn infrastructure needs
NEWS: Ethiopia allocates Mojo site for Djibouti truck terminal after 25-year delay
NEWS: Ethiopia targets $1bn manufacturing exports after $607m fiscal-year result
NEWS: ESL Reviews Feeder Services and Rerouting as Red Sea Risks Rise
NEWS: Ethiopia Plans Vehicle Ownership Tax for 2027/28 Fiscal Year
NEWS: Ethiopia Clears Zijin’s USD 4bn Allied Gold Acquisition
Construction & Mining

MIDROC signs machinery deal for 1.25m-tonne Metekel gold plant

Aug 31, 2026
MIDROC signs machinery deal for 1.25m-tonne Metekel gold plant
  • 1.25m metric tons annually — Planned capacity for processing gold-bearing ore at MIDROC’s Metekel plant.

  • One year — CEMTEC is expected to complete and deliver the required processing equipment.

  • Not specified — Contract value, financing, construction schedule and commissioning date remain undisclosed.

  • Announced, not operational — The agreement covers machinery supply; commercial production has not begun.

NUMBERS AND TREND SNAPSHOT

Indicator   Current figure     Previous/target       Significance
Processing capacity   1.25m tons yearlyNot specified        Planned ore throughput
Equipment deliveryWithin one yearNot specified        Company-announced deadline

SUMMARY

MIDROC Gold Mine has signed an agreement with Austria-based CEMTEC Cement and Mining Technology GmbH to supply machinery for a planned gold-processing plant in Metekel Zone, Benishangul-Gumuz. The facility is designed to process 1.25 million metric tons of gold-bearing ore annually, according to  MIDROC Investment Group.

Under the agreement, CEMTEC will manufacture, supply and install the processing equipment. Completion and delivery are expected within one year, but the installation deadline and commercial-production date were not separately disclosed. The agreement was signed by MIDROC mining-sector Deputy CEO Dula Mekonnen and CEMTEC Managing Director Thomas Plochberger.

MIDROC did not disclose the contract value, financing arrangement, total project cost, estimated gold reserves, recovery rate or projected annual gold output. The reported 1.25-million-ton capacity represents the volume of ore the plant could process—not the amount of gold it would produce. CEMTEC is headquartered in Enns, Austria, and specialises in mineral-processing and industrial technology. The supplied report spells the company’s name “CEMETC,” but its official name is CEMTEC.

WHY IT MATTERS

The plant could expand Ethiopia’s industrial gold-processing capacity if machinery delivery leads to successful commissioning. Contractors, transporters and technical-service providers could benefit during installation and construction. Additional production could support mineral exports and foreign-exchange earnings, but the potential contribution cannot yet be quantified. Commercial performance will depend on ore grade, recovery rates, financing and sustained plant operations.