The Government of Rwanda has partnered with Rio Tinto Minerals Development Limited, the world’s second-largest metals and mining corporation, to collaborate in mineral exploration activities and potential mineral development and mining operations in lithium, tin, tantalum, tungsten and associated metal deposits in Rwanda.
This collaboration represents a significant step forward in advancing Rwanda’s mining sector and supporting its sustainable economic development.
The goal is to align with Rwanda’s strategic objectives to develop its mining sector as a key driver of economic growth. This presents a significant opportunity to contribute to the global green energy transition.
The multi-year initiative will initially focus on the early stages of regional exploration, utilising innovative technologies and modern exploration methodologies. The programme aims to ensure high-quality data collection and interpretation by integrating advanced geological, geochemical and geophysical techniques.
This venture combines Rio Tinto’s extensive global mineral exploration experience with local expertise, setting new standards in Rwanda’s sustainable and responsible mining practices.
Francis Gatare, CEO, Rwanda Development Board, RDB, remarked, “We are delighted to partner with Rio Tinto on this groundbreaking project. This collaboration elevates Rwanda’s standing in the global mining industry and promises substantial economic and technological advancements for our country. We are dedicated to supporting this endeavour and ensuring its success.”
“With this remarkable partnership, we look forward to blending our local expertise in mining with Rio Tinto’s global experience to leverage our mineral resources potential and enhance our geological capabilities. We are confident this will advance Rwanda’s mining industry, making it a major economic enabler and contributor to sustainable development,” declared Francis Kamanzi, CEO of Rwanda Mines, Petroleum and Gas Board, RMB.
Dave Andrews, Head of Rio Tinto Exploration said: “We are looking forward to working with the Government of Rwanda to explore the geological potential of the country.”
Last year, Rwanda launched a three-year exploration campaign as part of a strategy to modernise the mining sector. This strategy aligns with other key areas, including mineral extraction and beneficiation, mineral value addition, and mineral trading.
The mining sector contributes about 3% to Rwanda’s GDP and employs more than 72,000.
Rio Tinto is a leading global mining group focused on finding, mining, and processing the Earth’s mineral resources. Operating in more than 35 countries, it employs over 46,000 people globally. The company is listed on the London Stock Exchange, the Australian Securities Exchange, and the New York Stock Exchange. (End)