Ann: Special Economic Zone Licence Granted, page-2

Magnis granted Special Economic Zone Licence for the development of an advanced graphite processing plant in Tanzania

 Significant financial benefits involved within the Special Economic Zone
Magnis Resources Limited (“Magnis” or the “Company”) (ASX:MNS) is pleased to announce the approval to operate within a Special Export Zone (SEZ) in Tanzania which will allow the Company to apply the advanced technologies it has been developing to produce value enhanced graphite products.
Director General of the Export Processing Zones Authority (EPZA) Col (retd) J.L Simbakalia commented: “The EPZA voted to grant the SEZ Licence because Magnis has demonstrated through their project development work that they conform to the requirements of the SEZ objectives. Magnis has been identified as the key strategic investor in their sector, and the Company has the full support of the EPZA in their endeavours.”
“Magnis is the first mining company to achieve these requirements and the EPZA are especially pleased with their commitment to the development and advancement of Tanzanian Industry, particularly with a technology that has focused on environmentally friendly processes.”
Chairman of Magnis Resources Frank Poullas commented: “We have received, and continue to receive, strong support from the Tanzanian government and we are very encouraged to hear that Nachu is a project of significant importance to them.”
“I would like to thank our +100 strong team in Tanzania for their hard work and dedication in getting Nachu shovel ready and we look forward to reporting on other project developments and the solid corporate progress Magnis is making.”

is frank is good!)