Deal #7801

Mozambique
Created at
2020-03-13
Last update
2020-03-19

Land area

Intended size
53 681 ha
Size under contract (leased or purchased area)
  • [2019, current] 39881.0 ha
Comment on land area
Three mining concessions have been awarded; licence 9735C covering 11,948 hectares, license 9229C covering 16 126 hectares and licence 9228C covering 11,807 hectares. The company has applied for a further 138 square km (13800 hectares) Another source indicate that the company was granted a concession of 400 square kilometres .

Intention of investment

Intention of investment
  • [2019, current] Mining
Comment on intention of investment
To extract titanium ores and zircon

Nature of the deal

Nature of the deal
Exploitation permit / license / concession (for mineral resources)
Comment on nature of the deal
Three contiguous concessions issued resulting in the full tenement permitting of the project.

Negotiation status

Negotiation status
  • [2019, current] Concluded (Contract signed)

Implementation status

Implementation status
  • [2020, current] Startup phase (no production)
Comment on implementation status
Alongside work on the pre-feasibility study ('PFS'), in August 2017 construction of a pilot plant commenced . Targeting first production in 2020.