RNU renascor resources limited

Ann: Trading Halt, page-98

  1. 19,275 Posts.
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    Hi Windy, no not concerned that Tanzania will follow suit with graphite. Though of course Tanzania does offer incentives for in country development via its economic zones and as part of its framework agreements with companies may push for in house processing where appropriate..

    In fact EGR is looking to concentrate it's ore in country but in addition is also looking to then shortly there after set up a mechanical shaping facility in country, being the first stage of SPG production. This stage is high energy use I believe and the plan is to utilize Tanzanian abundant hydro electricity.

    So when done correctly I see the push for more in country processing being mutually beneficial and wouldn't it be nice to see the likes of POSCO or EGR one day set up a full SPG operation or even an anode plant in Tanzania
 
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