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“The progress being made is aligned with our construction schedule and am confident that the progress of Lindi Jumbo is in good hands.”
Ngualla is one of the largest rare earth projects in the world.
“This appointment has kickstarted project development activities, with the mobilisation of bulk earthmoving equipment now under way."
“Our client base see the value engineering proposition we provide, which has on every occasion reduced project execution cost."
This will position Volt Resources as a globally significant and diversified graphite producer.” - Trevor Matthews
The placement will support Peak as it progresses offtake, funding and development milestones for Ngualla and the Teesside Refinery.
Tanzania, once pinned as a destination of choice for juniors far and wide, took a turn for the worse when legislation changes some years back and a heavy dispute with Acacia over tax claims saw investors turn their attention to other jurisdictions.
With funding in place secures all legal costs associated with arbitration. Indiana is adequately resourced to deliver a positive outcome.
This project represents an opportunity for Tanzania to play a global role in the supply of strategically important rare earth elements.
Petra believes the security teams and Tanzanian police acted in accordance with the Voluntary Principles on Security and Human Rights.