Rwanda Expands Mining Sector with Rio Tinto Lithium Partnership

INSUBCONTINENT EXCLUSIVE:
Rio Tinto leads the exploration efforts, joined by local firm Kinunga Mining Ltd
and British company Aterian PLC.Their focus is on lithium, a crucial element in modern technology and clean energy solutions
two-year extension for exploration activities
Rio Tinto Lithium Partnership
mining
The country aims to move beyond its traditional small-scale operations.Core drilling will soon begin, extracting samples from depths up to
5,000 meters
sector has seen impressive growth, generating over $1.1 billion in 2023
This new deal could further boost these figures.Global demand for lithium is skyrocketing, with projections showing a massive increase by
2030
investment.Environmental considerations remain important, with Rwanda committed to sustainable mining practices
This approach ensures long-term benefits for both the economy and the environment.As exploration progresses, excitement builds in Rwanda
beginning