Mozambique Claims 15% Mining Stake To Halt Raw Exports

President Chapo signed a law requiring 15% state ownership in all mining.

The law bans raw mineral exports, mandating local refining and processing.

Mining companies must redirect 10% of gross revenues to local development funds.

The policy aligns Mozambique with African nations securing domestic battery material wealth

Mozambique Claims 15% Mining Stake To Halt Raw Exports

President Chapo signed a law requiring 15% state ownership in all mining.

The law bans raw mineral exports, mandating local refining and processing.

Mining companies must redirect 10% of gross revenues to local development funds.

The policy aligns Mozambique with African nations securing domestic battery material wealth

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