"A new joint venture entity, Duma TanzGraphite, has now been incorporated to develop and operate the Epanko project. EcoGraf will hold an 84% interest in the company while the Government will hold a 16% free-carried interest. In order to meet a key requirement for project financiers, a new Epanko life-of-mine special mining licence will be issued to Duma TanzGraphite. The Tanzanian Government and EcoGraf will cooperate to secure financing for the development of Epanko."
https://www.africanreview.com/construction-a-mining/excavation/tanzania-signs-multiple-agreements-for-mining-developments
Ann: EcoGraf Signs Framework Agreement with Tanzanian Government, page-70
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