Sorry KOH, MNS didn't do that, they gained approval for a SEZ for the process facilities.
Please read point 7 of the announcement,
7. In reference to Uranex and its future mining operations, the Company is in the same situation as manyo ther companies in Tanzania. Negotiations with the Government need to be finalised following the initial July 2017 legislation changes and once the Mining Commission is in full operation. However, the Company believes that Uranex will be able to operate successfully under the new legislation where the Government will have a free carried interest in the future Nachu mine.
how do you not understand this ?
There are no Graphite mines in Tanzania, every company is waiting its turn to meet with the mining commission. How is MNS going to make a value added products or any product when there is no one to supply graphite to it ?
https://drive.google.com/file/d/1gpsMZg0BHtETVHfDuP56qYxG5Xiwu8yR/view
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- Ann: Tanzanian Update on Nachu Graphite Project
Ann: Tanzanian Update on Nachu Graphite Project, page-151
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