Friday, June 2, 2017
Smelting plant for minerals to be constructed in Tanzania
CONSTRUCTION of mineral concentrate
smelter is scheduled to start soon to discourage export of raw minerals, Prime
Minister Kassim Majaliwa said here yesterday. He told the National Assembly
that there are investors who have expressed interest in construction of the
smelters in the country, affirming that the government is determined to either
invite them or construct the facility on its own. “Within a short time, we will
start construction of mineral concentrate smelters or invite investors,” he
said during the instant questions to the premier session, as he answered a
question from Emmanuel Mwakasaka (Tabora Urban- CCM) who sought to know whether
a recent ban on the export of mineral concentrates will not damage Tanzania’s
relationship with other countries and international companies. The government
banned the export of mineral concentrates and ores for metallic minerals like
gold, copper, nickel and silver last March, with a view to promote value
addition in the country in line with the Mineral Policy of 2009 and Mining Act
of 2010. President John Magufuli halted the exports of Acacia Mining owned
concentrates at the Dar es Salaam port, citing irregularities in the process
and formed a committee to investigate the value of the resources. The
eight-person team came up with an appalling report, revealing that the value of
the minerals within the concentrates in containers was over 10 times the
declared amount. Acacia Mining immediately disapproved the audit, describing it
as inaccurate. The Premier said investors need not worry as the government was
committed to protect their rights as it deals with the dispute with Acacia
Mining over its mineral concentrates. He told the parliament that the
government wanted to ascertain the value of the exported mineral concentrates
following concerns that the value had been under declared. “I am asking
investors not to worry. The government’s intention is to ascertain the value of
the concentrates,” he said. The Premier said the latest development in the
mining sector was part of government’s efforts to ensure that the nation gets
its fair share of the natural resources. Tanzania is Africa’s fourth largest gold
producer.
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