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.
