Tantalum & Lithium Project
Tantalite Valley Mine, located in south eastern Namibia
Kazera Global first invested in the Tantalite Valley Mine, located in south eastern Namibia, in 2014. A 75% interest in Aftan was acquired for £0.66 million with the remaining 25% being acquired in 2020 for a further £0.22 million.
In December 2022, Kazera announced that it had signed a definitive agreement to sell its 100% interest in African Tantalum (Proprietary) Limited to Hebei Xinjian Construction for a cash consideration of USD13,000,000.
Full operational control will pass to Xinjian on the effective transaction date, with 100% ownership of the shares only passing once Kazera has been paid in full, expected by the end of 2023.
Kazera will retain the right to receive a debenture payment equivalent to 2.5% of gross sales of produced Lithium & Tantalum for the life of the mine.
Tantalite Valley Mine resources
Kazera Global plc is an investing company listed on AIM, focused principally, but not exclusively, in the resources and energy sectors.
Kazera is an investing company, focused principally, but not exclusively, in the resources and energy sectors. The Company is listed on London’s AIM market (ticker: KZG).
Kazera is committed to being a responsible operator and meeting good international industry practice standards, and placing the safety and wellbeing of employees first.
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