It’s tough not to get excited about a new mine development right here in Africa that ticks all the right boxes in terms of commodity, grade, strategic importance, sustainability and ESG credentials.
The dispute arises out of acts and omissions of the government in breach of the Bilateral Investment Treaty and international law.
While output declined by 15.4% to 952.6 kt in 2020, it is expected that natural graphite production will increase by 7.6% in 2021.
ASX-listed Indiana Resources expects to begin arbitration with the Government of Tanzania over the illegal expropriation of the Ntaka Hill nickel project and other breaches of the UK-Tanzania BIT in Q1, 2021.
Black Rock Mining and POSCO are underway with negotiating a binding investment agreement for the development of the Mahenge graphite project.
An all-inclusive approach is what is needed to curb illegal sourcing and trafficking of mineral resources in Africa’s Great Lakes region.