The Government, through Rwanda Development Board (RDB), has entered into a long-term strategic partnership with Rio Tinto Minerals Development Limited for the exploration of lithium, tin, tantalum, tungsten, and other associated metal deposits in the country.
According to RDB, the goal of this partnership is to align with Rwanda's strategic objectives to develop its mining sector as a key driver of economic growth. It is a remarkable step forward in advancing Rwanda's contribution to the global green energy transition.
Francis Gatare, Chief Executive Officer at RDB, has expressed delight in partnering with Rio Tinto on the groundbreaking project.
'This collaboration elevates Rwanda's standing in the global mining industry and promises substantial economic and technological advancements for our country. We are dedicated to supporting this endeavor and ensuring its success,' he stated.
The initiative will initially focus on the early stages of regional exploration, utilizing innovative technologies and modern exploration methodologies. The program will begin by collecting and interpreting high-quality data collection using advanced geological, geochemical, and geophysical techniques.
This venture brings on board Rio Tinto's extensive global mineral exploration experience to blend with local expertise, setting new standards in Rwanda's sustainable and responsible mining practices.
Francis Kamanzi, CEO of the Rwanda Mines, Petroleum and Gas Board (RMB), expressed confidence that the partnership will advance Rwanda's mining industry, making it a major economic enabler and contributor to sustainable development.
'With this remarkable partnership, we look forward to blending our local expertise in mining with Rio Tinto's global experience to leverage our mineral resources potential and enhance our geological capabilities,' he noted.
Dave Andrews, Head of Rio Tinto Exploration, expressed commitment to working with the Government of Rwanda to explore the country's geological potential.
This strategic partnership follows the signing of a Memorandum of Understanding (MOU) between both parties in January 2024 for the exploration and mining of lithium in Rwanda's Western Province.
Last year, Rwanda launched a three-year exploration campaign as part of a strategy to modernize the mining sector. This strategy aligns with other key areas, including mineral extraction and beneficiation, mineral value addition, and mineral trading. The mining sector contributes about 3% to Rwanda's GDP and employs more than 72,000 people.
IGIHE
Source : https://en.igihe.com/news/article/global-mining-giant-steps-up-operations-in-rwanda
