Tanzania is strengthening its global lithium market position via government initiatives and international investments. Key strategies include a 2023 export ban on raw lithium, new strategic programs, and partnerships with coalitions to promote investment. The private sector is actively exploring lithium resources, while upcoming events aim to foster investment and collaboration in this sector.
Tanzania is enhancing its role in the global lithium market through government initiatives and active involvement from international firms in exploration and production. A significant increase in investments has been observed since the enforcement of a 2023 ban on raw lithium exports, aimed at promoting downstream investment and facilitating various projects in the sector.
To attract investments in lithium and other critical minerals, the Tanzanian government has initiated several strategic programs. In late 2024, the country introduced the Tanzania Critical and Strategic Mineral Strategy, which is currently in the consultation phase and aims to improve resource management, enhance local beneficiation, and strengthen the supply chain for minerals like lithium.
Moreover, in October 2024, the Geological Survey of Tanzania launched a 73 billion TZS High-Resolution Airborne Geophysical Survey intended to map mineral resources nationwide. With fewer than 20% of the country’s resources surveyed so far, the goal is to survey up to 50% by 2030, thereby facilitating future investments.
In September 2024, a partnership was established between Tanzania and the Minerals Security Partnership, comprising 14 Western nations and the European Commission. This collaboration is designed to ensure better access to financing, share technical expertise, and strengthen the supply chains for critical minerals such as lithium and graphite.
The private sector’s involvement in Tanzanian lithium exploration is rapidly expanding, with foreign mining companies actively participating in initiatives. In July 2024, the Australian firm AustChina confirmed high-grade lithium deposits at its Chenene Project, while Dubai-based Titanium Lithium identified various lithium-bearing minerals in its Titan projects. Furthermore, U.S.-based CGrowth Capital reported lithium discoveries during a mapping exercise in Tanzania’s Dodoma Region.
Upcoming events, such as African Mining Week, will facilitate connections between Tanzanian lithium projects and prospective investment partners and will highlight opportunities within Tanzania and Africa’s overall lithium value chain. This event is part of the African Energy Week: Invest in African Energies 2025 conference scheduled for October 1-3 in Cape Town, which will feature various sponsors, exhibitors, and delegates.
Tanzania’s position in the lithium market is bolstered by strategic government initiatives aimed at attracting investments. The implementation of policies encouraging local beneficiation and partnerships with international coalitions further enhances investment prospects. Private sector engagement continues to expand, with several international companies successfully exploring lithium resources. Events like African Mining Week are expected to catalyze collaboration and investment in Tanzania’s lithium value chain.
Original Source: www.zawya.com
