BY MUTAYOBA ARBOGAST,BUKOBA
THE Tembo Nickel Corp is now ready to start its operations at Kabanga Nickel project in Ngara, Kagera, after having introduced the project before Kagera Regional Commissioner, Major General Charles Mbuge, who gave out go ahead of the project, at the session held at Regional Commissioner’ lounge, Thursday 11 November this year.
Tembo Nickel resident manager, Benedict Busunzu, said after having received regional blessings, they will start by holding talks with regional senior officers and communities around the mines for mutual understanding so as to promote sustainable decisions and safeguard the needs and interests of all before the project takes off.
Busunzu said that, during production, the Tanzania government will get a 16% stake and Tembo Nickel 84% stake, while at the end profit, each will get a 50% stake.
He said the project will create more than 10,000 jobs most of which will be directed to Kagera residents for the commitment of the outcomes and raising their incomes.
Kagera Regional Commissioner, Major General Charles Mbuge, said the Kabanga Nickel project feasibility study has taken 33 years, thus the presence of Tembo Nickel, is a sign that they are ready to start.
“The late President John Pombe Magufuli signed the Memorandum of Understanding on January 2019, intending the government get its proper loyalties, and see that the ordinary persons are the main beneficiaries of the project”,said Mbuge.
He assured the company of regional authorities cooperation and enough safety to see the project accelerate and scale-up, adding that he will also ‘have an eye’ that those who evacuate their lands are timely paid and appropriately.
Tembo Nickel, which has already been issued with a Special Mining License(SML), will mine, process and refine Class 1 with Cobalt and Cooper co-products whereby will be smelt in Kahama district, Shinyanga region, all-metal refinery fone within the country to add value to the products.
The feasibility study showed Kabanga deposit is bestowed with a total deposit of 58 million tonnes of nickel, production expected to be an average of 60,000 per annum in the five first years, with at least 30 years of mine life.
Kabanga is the largest deposit in the world rich in nickel, which is a key component in lithium-ion batteries used in electric cars