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Mining and Metal Investment Opportunities In Tanzania

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Nyongesa Sande
Nyongesa Sandehttps://bizmart.africa
Nyongesa Sande is a Kenyan blogger, Pan Africanist,c olumnist Political Activist , blogger, informer & businesman who has interest in politics, governance, corporate fraud, human rights and television personality.

Mining and Metal Investment Opportunities In Tanzania. Tanzania has risen to the top of the African economies in terms of attracting FDIs. Tanzania is rich in a wide range of industrial minerals, precious metals, and gemstones. Iron ore, soda ash, coal, clay soil, uranium, gold, diamond, and tanzanite are among them.

  • Precious metals and gemstones processing
  • Construction of a caustic soda refinery in Engaruka.
  • Iron ore and steel production in Liganga
  • Nickel processing in Kabanga; Uranium extraction in Mkuju
  • Mineral smelters are being built.
  • Mineral exports accounted for USD 1.37 billion (or 24 percent) of Tanzania’s overall export value in 2015, with gold accounting for more than 90% of the total.

Tanzania has a diverse range of industrial minerals, precious metals, and gemstones, including iron ore, soda ash, coal, clay soil, uranium, and gold. Tanzania also possesses a diverse range of gemstones, including aquamarine, garnet, ruby, sapphire, tourmaline, and tanzanite.

  • The majority of these resources are exported in their unprocessed state, depriving the country of work.
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