Tanzania Inks $667M Minerals Deal
Tanzania has signed agreements to the tune of $667 million with three mining companies for mining of rare earth minerals and graphite.
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Tanzania has signed agreements to the tune of $667 million with three mining companies for mining of rare earth minerals and graphite.
Uganda’s Ministry of Energy and Mineral Development has granted Ionic Rare Earths approval for works to commence on the Demonstration Plant at the Makuutu Mine.
Lithium, rare earth minerals, copper and nickel are increasing South Africa’s attractiveness as a frontier mining destination.
Pensana is entering the construction phase for its rare earths Longonjo mining project in Angola.
Tanzania will implement a strategy aimed at attracting investments and partnerships to develop its mining sector.
The program is expected to contribute to providing the qualified graduates needed to lead Angola’s mining sector into the future.
As the world’s collective focus shifts towards a sustainable energy future, South Africa is well-positioned to leverage its immense resource wealth to drive economic development.
Africa’s top mineral mining countries – largely concentrated in southern Africa – are appealing for new investment on the back of strengthened policies, fiscal incentives and government support.
The sustainable development of Africa’s critical mineral value chains hinges on the implementation of dedicated policies, capacity-building initiatives and productive collaborations with foreign partners.
Africa has emerged at the center of geopolitical discussions involving critical minerals exploration and extraction. Download presentations from leading industry stakeholders, which took place on the first day of Critical Minerals Africa 2023 on October 17.