Australian firms get nod to mine graphite, titanium in Tanzania
Tanzania has granted two Australian firms licences to mine graphite in the southeast of the country, and titanium near the Dar es Salaam port. Walkabout Resources Ltd got mining licences for the Lindi jumbo graphite project, 200km from the Mtwara port, while Strandline Resources Ltd was granted extraction rights for the Fungoni heavy mineral sands project. This comes after Dar es Salaam lifted a licensing moratorium announced in July 2017 pending the setting up of the Mining Commission as envisaged in the new laws, which gave the government increased control of mining, oil and gas. Mining contributes 3.5 per cent of the country’s GDP and the government hopes to increase this to 10 per cent.