“There is one company that was to sign today but they did not agree to the in-
country value addition and refining point, hence the delay in signing. However,
because there have been previous discussions and agreements on this and the
timetable was already in place, I authorize the Ministry of Minerals to finalize and
sign so that the project can start as soon as possible.”
A bit confusing.
The way i read this is that there was a late push from certain quarters that refining be done in Tanzania.
This has been a concern and has been a point of discussion/debate for a number of years.
Peak has said all along that for many reasons, mainly economic, the refining of the product has to be done at Teeside.
"I authorize the Ministry of Minerals to finalize and
sign so that the project can start as soon as possible.”
Lets hope so.
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