Green technology boost for African mining
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Lower-cost green technology project. 26th January 2021
JOHANNESBURG (miningweekly.com) – The key to unlocking value of Kabanga Nickel and enabling the full beneficiation of new era metals in Tanzania is an environment-friendly hydrometallurgy process that eliminates smelting and thus slashes the need for electricity.
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DAR ES SALAAM (Reuters) - Tanzania and UK-based mining firm Kabanga Nickel Limited signed a framework agreement on Tuesday to jointly develop the Kabanga nickel project formerly owned by Barrick Gold and Glencore.
Foreign minister Palamagamba Kabudi said during a signing ceremony in Bukoba that the government would own a 16% undiluted free-carried interest in the nickel project through a new joint venture company, Tembo Nickel Corporation, 84% owned by Kabanga Nickel.
By law, Tanzania’s government gets a 16% stake in all mining projects in the country.
Nickel is a key electric car battery material and Kabanga - in Tanzania’s northwest - is the world’s largest development-ready, high-grade nickel sulfide deposit, according to Kabanga Nickel. It is estimated to contain more than 1.52 million tonnes of nickel.
IN 2006, the Tanzania Medicines and Medical Devices Authority (TMDA) expanded its wings in the rock city of Mwanza by establishing zonal offices in a move aimed at improving services in the lake zone regions of Mwanza, Shinyanga, Simiyu, Mara, Geita, and Kagera.
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