The Latest

Tanzania Will Be Africa’s Fourth Leading Iron Producer

September 20, 2013
1 minute read

Tanzania will be Africa’s fourth leading iron producer once iron ore facilities in Ludewa District, Njombe Region are operational in five years.
 
The project, which is led by Tanzania-China Mineral Resources Limited (TCMRL), is expected to have a lifespan of 70 years and to extract 219 million tons of iron ore, 174,000 tons of titanium, and 5,000 tons of vanadium.
 
The project also includes coal mining, an electricity plant and power lines connecting strategic areas, an iron melting plant, and the construction of roads and a factory for production of iron products.
 
According to Abel Ngapemba, the National Development Corporation’s Manager of Public Affairs, TCMRL will invest a total of 3 billion USD in start up costs.
 
He further stated that the project will generate 1.7 billion USD annually and will direct-employ 6,000 and indirect-employ 35,000 individuals.

Want to know more about Mining in Tanzania? Our free Tanzania Business and Investment Guide 2026 covers Mining, plus regulations, key sectors, and investment opportunities—all in one place.

Download Free Guide
Tweet
Share
Share
Share
Related Posts
Tanzania Helium One Agreements Signing Southern Rukwa Project
Read More

Tanzania Finalises Agreements for First Helium Mining Licence, Clearing Southern Rukwa Project for Development

Helium One Global (AIM: HE1) and the government of Tanzania have executed the Framework Agreement and Shareholders' Agreement supporting Tanzania's first-ever helium mining licence, activating the 480 km² Southern Rukwa Project under joint venture Songwe Helium Ltd, in which Helium One holds an 83% interest. The company has also appointed PVE Consulting to lead the farm-out process for the project, which flowed 5.5% helium to surface during its 2024 extended well test.
Dodoma Region Investment Guide
Read More

Tanzania Government Calls for Investment in Dodoma Mining, Agriculture, Tourism and Trade

Tanzania's Finance Minister and the Dodoma Regional Commissioner have jointly called on investors to tap into opportunities in Dodoma's mining, agriculture, tourism, and trade, with mining flagged as the region's largest potential through value addition. Specific openings include a proposed dry port to leverage Dodoma's central location at the heart of Tanzania, the construction of five-star hotels and international conference centres, and the development of mineral processing facilities, alongside the rollout of the Tourism Development Strategy for Dodoma Region 2025–2030.
Anthony Mavunde Parliament Bunge
Read More

Tanzania’s 2026/27 Mining Budget Sets Ambition for Critical Minerals Leadership and Top-4 Global Niobium Producer Status

Tanzania's Ministry of Minerals has tabled a TZS 174.98 billion budget for FY 2026/27, with a revenue collection target of TZS 1.41 trillion from a sector whose GDP contribution has climbed to 11.9% and whose exports rose 31.1% to USD 5,401.9 million in 2025. The budget prioritises critical and strategic minerals, the Panda Hill niobium project expected to make Tanzania a top-4 global producer, the Buzwagi value-addition hub, and expanding geophysical survey coverage to 50% of the country by 2030.

Want to know more about investing in Tanzania? Our free Tanzania Business and Investment Guide 2026 covers key sectors, regulations, and investment opportunities—all in one place.

Download Free Guide