MWE Correspondent
Tanzania’s mining sector has attracted investment worth approximately 9 trillion Tanzanian shillings over the past four years, strengthening the country’s position as an increasingly attractive destination for mineral investment in Africa.
Minister for Minerals Anthony Mavunde made the remarks on August 15, 2026, in Morogoro Region during the signing ceremony for a partnership agreement between the government and Henan Yudi Mining for the development of the Kinywe mining project.
Mavunde said the government had so far signed 14 framework agreements as part of efforts to expand investment and strengthen Tanzania’s participation in the development of its mineral resources.
He said the Kinywe project has confirmed deposits estimated at approximately 104.28 million tonnes and is expected to attract investment of about $100 million, equivalent to approximately 265 billion Tanzanian shillings.
The project is expected to reach full-scale production of up to 50,000 tonnes of Kinywe annually, while its processing facilities will have the capacity to handle approximately one million tonnes per year.
More than 600 Tanzanians are also expected to secure direct employment opportunities once the project becomes operational.
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Mavunde said the government was working to transform Tanzania’s role in the mining industry from simply hosting mining operations to becoming an active participant in the value generated from the country’s mineral resources.
Under the Kinywe project partnership, the government will hold a 17 per cent stake, giving the state a direct share in the project’s ownership and future returns.
The minister said Kinywe is an important mineral for modern technologies, including the production of battery anodes, making the project strategically important to Tanzania’s ambition of becoming more integrated into the global Kinywe value chain.
He said the government would continue creating an enabling environment for responsible investment while ensuring that mining projects generate broader economic benefits through employment, technology transfer, value addition and government participation.
Morogoro District Commissioner Mussa Kilakala welcomed the agreement, saying the district government appreciated the efforts that had made the partnership possible.
He said the project was expected to create new economic and employment opportunities for residents, increase mineral production and contribute to the development of the mining sector and the wider national economy.
The Kinywe project is expected to become part of Tanzania’s growing mineral investment portfolio as the government seeks to promote value addition and greater local participation in the mining industry.
