Browsing Tag
Lindi
1 post
Want to know more about Lindi in Tanzania? Our free Tanzania Business and Investment Guide 2026 covers Lindi, plus regulations, key sectors, and investment opportunities—all in one place.
Download Free Guide
Tanzania Government Secures 16% Stake in Lindi Jumbo Graphite Mine Through Ndovu Graphite Joint Venture
The Tanzanian government has formalized its statutory 16% non-dilutable equity stake in the Lindi Jumbo graphite mine in Lindi Region through a joint venture agreement that creates Ndovu Graphite Limited, with Lindi Jumbo Limited retaining an 84% stake. The mine produces 40,000 tonnes of graphite per year over a 24-year mine life, and Tanzania currently ranks sixth globally in graphite production, with an annual output of 25,000 tonnes from two large-scale operating mines, Lindi Jumbo and God Mwanga, in Tanga.