Tanzania, Australia firms sign $667 million deal to mine rare earths

Tanzania, Australia firms sign $667 million deal to mine rare earths

Tanzania, Australia firms sign $667 million deal to mine rare earths

The Tanzanian government recently signed contracts worth $667 million with three Australian companies to mine graphite and rare earths.

The framework agreements are part of a push by Tanzania’s President Samia Suluhu Hassan to boost the mining sector’s contribution to the nation’s economy to at least 10 percent by 2025.

For more information, please see https://www.theeastafrican.co.ke/tea/business/tanzania-signs-rare-earths-deals-with-australian-firms-4203894

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