The Angolan Republic of Angola is located in southwestern Africa, the capital of Luanda, the west Atlantic Ocean, the north and northeast of the Democratic Republic of the Congo, the south of Namibia, the southeast of Zambia, and the other enclave of Cabinda and Congo. The Republic, the Democratic Republic of the Congo is adjacent.
(Photo source network)
Angola is one of the least developed countries in the world, but the country is rich in land, rich in land and rich in untapped resources. There are more than 13.1 billion barrels of oil in the coast and diamonds in the inland. The national strength is growing rapidly due to oil production.
Pensana said in March 2019 that it had significantly raised the estimated resources of the Longonjo mine to 240 million tons and the rare earth oxide grade of 1.6%. This time, the resources were raised again to 23 billion tons, an increase of 95.8 times, but the rare earth ore grade was not disclosed.
On April 29, a report by Prensa Latina said that a rare earth mine in Langgonghoo Township, Huambo province in central Angola will be put into operation next year.
After two years of exploration and research, the surveyors found a 23 billion tons of valuable metals known as rare earths in Longonjo, Huambo province. The project was co-operated by the Angolan state-owned company FERRANGOL-EP and the Australian company Pesana. get on.
From April 15 to 27, the Minister of Mineral Resources and Petroleum of Angola, Buta Andre Neto, led a delegation to visit the project and witnessed this world-class deposit.
According to Timothy George, managing director of the joint venture company Ozango Minerais SA, the deposit is about 2.5 kilometers in diameter. The exploration stage is based on a 500/700 meter spacing measurement network, and more than 200 borehole surveys have been completed. However, there is no mention of the number of investments, nor the value of the metals found. These metals will be refined into raw materials.
He said that although Angola does not have the ability to sell rare earths internationally, the company will produce rare earth concentrates and create conditions for buyers to buy in the local market at a price of about $60 per kilogram. He said that in the second half of this year, the project will receive licenses from the Ministry of Mineral Resources and Petroleum, consumer purchase agreements, project financing project agreements and support for structural construction agreements.
At the same time, the Director of the State Bureau of Mines, André Buta Neto, said that the project is unique in Angola and will be included in the national mineral activities diversification development plan, but all mining activities will be based on the protection of the environment, so as not to violate the government's desire to improve people's lives. Original intention.
(China Powder Network Editing / Xiaohu)
