Mozambique tightens grip on mining with 15% state stake rule, local processing — Reuters

Mozambique pushing for local processing, joining African peers Wants ‘free-carry’ ownership across the value chain Country a major producer of graphite, gemstones and coal Mozambique’s President Daniel Chapo has signed a new law requiring ‌15% state ownership in all mining ventures and local processing of minerals, tightening control over its resources as demand for battery… Source

Mozambique tightens grip on mining with 15% state stake rule, local processing — Reuters
Mozambique pushing for local processing, joining African peers Wants ‘free-carry’ ownership across the value chain Country a major producer of graphite, gemstones and coal Mozambique’s President Daniel Chapo has signed a new law requiring ‌15% state ownership in all mining ventures and local processing of minerals, tightening control over its resources as demand for battery…

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