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The Nexus
BUSINESSJun 5 · 13:42 UTCSEMAFORAlexander Onukwue

Mozambique mining law looks to tighten state control

Mozambique will take a 15% stake in domestic mining ventures and ban exports of non-processed minerals to prioritize local processing. The policy aligns with similar moves in other African nations, including DR Congo and Zimbabwe, to increase government control over critical minerals like graphite, gold, copper, titanium, and tantalum. Experts warn that smelting and refining could introduce volatility into the value chain.

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