Tanzania Strengthens Its Global Position in the Lithium Market

Tanzania is advancing in the lithium market, propelled by government initiatives and private investments. A ban on raw lithium exports has stimulated local investments, while strategic programs aim to enhance resource management. Partnerships with international coalitions and upcoming events such as African Mining Week are set to further boost growth in the lithium value chain.

Tanzania is enhancing its position in the global lithium market through governmental initiatives and investments from international exploration companies. The introduction of a ban on raw lithium exports in 2023 has stimulated domestic investment, resulting in a robust pipeline of projects aimed at promoting downstream ventures. This strategic approach is driving growth within the critical minerals sector.

To attract new investments in lithium and critical minerals, the Tanzanian government has launched strategic programs, including the Tanzania Critical and Strategic Mineral Strategy, which is currently in the stakeholder consultation stage. The initiative seeks to improve resource management by facilitating exploration, mining, and local beneficiation while enhancing supply chain management.

In October 2024, the Geological Survey of Tanzania unveiled a 73 billion TZS High-Resolution Airborne Geophysical Survey aimed at mapping the country’s mineral resources, focusing on lithium. With only 20% of Tanzania surveyed thus far, this initiative plans to assess up to 50% of the market by 2030, thereby supporting ongoing investments and exploration endeavors.

Furthermore, Tanzania has partnered with the Minerals Security Partnership, which consists of 14 Western nations and the European Commission, to enhance financing access, share technical expertise, and bolster supply chains for lithium and graphite. These strategic initiatives are likely to spur new investments across the entire lithium value chain, facilitating comprehensive growth.

Private sector involvement is intensifying, with international mining firms actively investing in Tanzanian lithium projects. Notably, Australian company AustChina has confirmed high-grade lithium deposits after recent explorations at its Chenene Project. Additionally, Dubai-based Titanium Lithium identified lithium-rich minerals at its Titan 1 and Titan 2 projects, while U.S.-based CGrowth Capital discovered lithium deposits in the Dodoma Region during a field mapping exercise.

The forthcoming African Mining Week will serve as a bridge connecting Tanzanian lithium projects with potential investors, highlighting opportunities throughout Tanzania and Africa’s lithium market. This premier event, held alongside the African Energy Week: Invest in African Energies 2025 from October 1-3 in Cape Town, will provide sponsors, exhibitors, and delegates with insights into investment prospects across the continent.

Tanzania’s efforts to establish itself within the global lithium market are characterized by governmental initiatives and growing private sector engagement. With strategic programs aimed at enhancing resource management and investment attraction, coupled with international partnerships for supply chain strengthening, the country is poised for significant growth in its lithium sector. The upcoming African Mining Week will further highlight investment opportunities and foster collaboration in this promising industry.

Original Source: energycapitalpower.com