Tanzania signs contracts for rare earth and graphite projects worth 667 million USD

Posted on :Thursday , 27th April 2023

In an effort to expedite negotiations on pending mining and energy projects, Tanzania signed agreements worth 667 million USD with three Australian companies to mine rare earth minerals and graphite.

Tanzania will own a 16% stake in each of the businesses that will be established in conjunction with Evolution Energy Minerals, Ecograf Ltd., and Peak Rare Earths to manage the p. . .

Tanzanian coal exports raised by +780% in the year that ended in January 2023.

Posted on :Wednesday , 29th March 2023

Coal valued at USD 195.5 million was exported during the year ending January 2023, according to the Bank of Tanzania's (BOT) Monthly Economic Review-February 2023.  

When compared to coal exports worth USD 22.2 million in the year ending January 2022, this indicates an increase of +780%.  

The increase is attributed by the central bank to a ri. . .

Beginning with its Sahamamy Project in Africa, Tirupati Graphite has begun manufacturing.

Posted on :Monday , 27th February 2023

The 18 000 tpy flake graphite production facilities at the Sahamamy project in Madagascar have begun operation, according to Tirupati Graphite plc, a specialist graphite and graphene firm creating sustainable new age materials. Thus, the business has achieved a 30 000 tpy flake graphite capacity that is important on a global scale and is moving closer to a steady state >80% production in the. . .

Marula Mining: Getting to the top quickly in East Africa

Posted on :Monday , 26th December 2022

Identifying an existing opportunity, seizing it, and promoting its growth are sometimes the best strategies to take. The London-listed Marula Mining is utilizing this strategy as it expands its presence across the continent, particularly in East Africa.

This tactic is already benefiting rewards. CEO JASON BREWER provides more information to GERARD PETER.

Ma. . .

Tanzania expects annual revenue from graphite mining of USD 8 billion.

Posted on :Thursday , 1st December 2022

Once the proposed graphite mine at Mahenge in Ulanga District, Morogoro Region, begins operations, the government expects earning more than USD 3.6 million (8.4 billion/-) yearly.

At a progress meeting with Mahenge mining project stakeholders, including the Minerals ministry, the mining commission, the Treasury Registrar's office, the revenue authority (TRA), TAN. . .