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19 Nov 2024

Tanzania Chamber of Mines Boosts Mineral Processing with SEZs

Tanzania Chamber of Mines Boosts Mineral Processing with SEZs
Special Economic Zones (SEZs) in Tanzania are driving local investment and participation in critical mineral processing and downstream industries, according to Benjamin Mchwampaka, CEO of the Tanzania Chamber of Mines.

In an exclusive interview with Energy Capital & Power at the Critical Minerals Africa forum this month, Mchwampaka explained that the Chamber is working with its members to leverage SEZs for attracting advanced technologies and investments in local mineral processing.

“We have LifeZone Metals partnering with BHP to develop a $600 million multi-metal refinery in the Buzwagi Mining Area and SEZ – an example of in-country beneficiation,” said Mchwampaka.

Mchwampaka also pointed to infrastructure projects like the Tazara Railway and the Lobito Corridor expansion, which will enhance the transportation of technology and equipment, supporting the country’s downstream sector and job creation.

The Chamber anticipates increased opportunities for local processing as Tanzania accelerates its graphite, rare earth, nickel, copper and cobalt projects. The country is poised to become Africa’s third-largest producer of graphite, with five projects slated for operation by 2026.

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