MOZAMBIQUE : Serdar Karliev expands his mineral sand interests

2022-09-24 03:54:18 By : Ms. Fiona Wu

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With Rwandan troops still helping to secure the far northern Mozambican province, investors close to Kigali now have their sights set on graphite, a mineral which is increasingly in demand for manufacturing electric batteries. [...]

In late May, the small but highly lucrative tantalum industry in northern Mozambique saw its most significant change in a decade when Muiane mine changed hands. It is now run by the local market leader Highland African Mining. [...]

Maputo, seeking to profit from rising uranium prices, hopes that a new project involving Australia's MRG Metals, the first in Mozambique for almost a decade, will herald a new wave of investment in the nuclear fuel. [...]

After nearly two years of diplomatic silence, the Mozambican administration is responding to Russia's discreet overtures. [...]

As it struggles to establish robust cooperation with southern African countries, despite Moscow's historical ties with the region, Russia is relying heavily on the networks and finances of locally based miners. [...]

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