Press Release-Call for investors in mineral value addition investment
THE UNITED REPUBLIC OF TANZANIA
CALL FOR INVESTORS IN MINERAL VALUE ADDITION INVESTMENT
Tanzania is endowed with variety of mineral resources from metallic minerals to gemstones and most of the minerals produced are exported in raw or semi processed form. In the Mineral Policy of 2009, the Government emphasizes the need to promote and facilitate value addition activities to be carried out within the country to increase revenue from the mineral sector, create jobs and acquire new technology hence to realize maximum benefits from the mineral sector.
In implementing the Mineral Policy, 2009 and the Mining Act, 2010, on March 2nd, 2017 the Government has put a ban on export of ores and concentrates of metallic minerals to enable all mineral value addition activities (processing, smelting and refining) to be carried out within the country.
Therefore, the Government of the United Republic of Tanzania is inviting capable stakeholders to invest in processing, smelting and refining industries in Tanzania. Interested persons/firms are required to have the following:
i. Proper technology to ensure that pure metals are produced and exported outside Tanzania;
ii. Reputable experience in processing, smelting and refining of metallic ores and concentrates; and
iii. Sound financial capacity and workable investment plan.
Any successful investor should be ready to abide to the provisions of the Mining Act, 2010 and its Regulations.
Please contact our Ministry to express your interest via the following address:
Commissioner for Minerals,
Ministry of Energy and Minerals,
P.O. Box 422,
Tel; +255 262322017,
Fax: +255 262320148.