Manganese ore is a valuable mineral used in a variety of industrial applications, including the production of steel, batteries, and fertilizers. Tanzania is a country located in East Africa that is known to have significant reserves of manganese ore.
Baridi Group Ltd. holds five exploration licenses for manganese ore as well as a mining license for extraction. The company has reported that the mining license has substantial deposits of manganese ore, which could make it a valuable asset for the company.
Mining of manganese ore in Tanzania is regulated by the Mining Act of 2010, which requires mining companies to obtain licenses and comply with various regulations related to health and safety, environmental protection, and community engagement. The government of Tanzania has been working to improve the regulatory environment for mining in recent years, which could make it easier for companies like Baridi Group Ltd. to operate in the country.
