Production, refining and reserves
| Commodity | Metric | Value | World rank · share | Source |
|---|---|---|---|---|
| Graphite (natural) | Mine production 2025 | 60,000 t natural graphite | #5 · 3% | USGS MCS 2026 |
| Graphite (natural) | Reserves 2025 | 25 million t natural graphite | #4 · 8% | USGS MCS 2026 |
| Bauxite | Mine production 2022 | 8,000 t bauxite (basis as labelled) | #27 · 0% | USGS Minerals Yearbook 2022 (bauxite and alumina), table 11 |
| Aluminium | Refinery production 2014 | 560,000 t primary aluminium (smelter production) | — | USGS MCS 2015 |
| Titanium (ilmenite) | Mine production 2025 | 1.9 million t TiO2 content | #2 · 20% | USGS MCS 2026 |
| Titanium (ilmenite) | Reserves 2023 | 22 million t TiO2 content | #9 · 3% | USGS MCS 2024 |
| Titanium (rutile) | Mine production 2025 | 10,000 t TiO2 content | #5 · 2% | USGS MCS 2026 |
| Titanium (rutile) | Reserves 2025 | 720,000 t TiO2 content | #5 · 1% | USGS MCS 2026 |
| Niobium | Mine production 2007 | 30 t Nb content | — | USGS MCS 2008 |
| Tantalum | Mine production 2025 | 1 t Ta content | #11 · 0% | USGS MCS 2026 |
| Tantalum | Reserves 2011 | 3,200 t Ta content | #3 · 3% | USGS MCS 2012 |
| Thorium | Resources 2014 | 10,000 t Th | — | OECD-NEA/IAEA Red Book 2014 (Uranium 2014), Table 1.17 |
| Beryllium | Mine production 2025 | 3 t Be content | #5 · 0.7% | USGS MCS 2026 |
| Zirconium (zircon) | Mine production 2025 | 160,000 t zircon mineral concentrates (gross weight) | #3 · 13% | USGS MCS 2026 |
| Zirconium (zircon) | Reserves 2025 | 1.5 million t ZrO2 content | #6 · 2% | USGS MCS 2026 |
| Diatomite | Mine production 2024 | 50,000 t diatomite | — | USGS MCS 2025 |
Policies and export measures
Policy tracker →2026-06-03 · trade measure
Mining Law (Law No. 7/2026)
Replaces the 2014 Mining Law and requires ores to be treated and processed in Mozambique on a progressive basis set by the Council of Ministers. The state holds a non-dilutable free-carried stake of at least 15% at all stages of the value chain, and strategic minerals fall under mining contracts with the Council of Ministers, with the state company ENM representing the state. The law took effect on publication.
Source: Ministério dos Recursos Minerais e Energia (MIREME), Mozambique
Trade in critical minerals
Exports 2024$2.6 bn
- Aluminium$1.9 bnto Italy 20%, Singapore 18%, United Kingdom 17% · 25 more
- Titanium (ilmenite)*$380 mto China 39%, Saudi Arabia 13%, United States of America 11% · 22 more
- Zirconium (zircon)$113 mto China 66%, Italy 14%, Spain 7% · 6 more
- Copper$64 mto Netherlands 45%, Malaysia 12%, India 11% · 8 more
- Graphite (natural)$44 mto India 18%, Germany 13%, United States of America 13% · 21 more
- Chromium$38 mto China 75%, Taiwan 16%, Netherlands 9% · 3 more
- Cobalt*$28 mto Malaysia 100%
- Tantalum*$25 mto Thailand 57%, United States of America 35%, China 5% · 3 more
and 16 more commodities
Imports 2024$3.5 bn
- Chromium$3.1 bnfrom South Africa 97%, Zimbabwe 3%, Zambia 0%
- Alumina$188 mfrom Australia 99%, China 1%, South Africa 0% · 3 more
- Copper$118 mfrom South Africa 100%, Zimbabwe 0%, Netherlands 0% · 3 more
- Aluminium$11 mfrom India 78%, Zimbabwe 13%, China 3% · 4 more
- Lithium*$6 mfrom Zimbabwe 98%, India 1%, China 0% · 4 more
- Phosphate rock$5 mfrom South Africa 100%
- Vanadium$3 mfrom South Africa 100%, United States of America 0%, Portugal 0%
- Potash$3 mfrom Germany 53%, South Africa 13%, United States of America 11% · 7 more
and 17 more commodities
Trade values in current US dollars (ores, concentrates, intermediates, chemicals and refined metal), not prices. * Includes HS codes that also cover other products. Source: CEPII BACI (HS22), Etalab Open Licence 2.0 — details.
Fiscal regime for mining
| Instrument | Applies to | Rate | Legal basis |
|---|---|---|---|
| Royalty | Diamond (industrial)Imposto sobre a Produção Mineira (IPM), diamonds; levied monthly | 8%value of the extracted mineral product after treatment: last sale price matching the international reference price (or the reference price if no sale), less transport to export or domestic sale point (Arts. 10-11) | Lei n.º 28/2014, de 23 de Setembro (Regime Específico de Tributação e de Benefícios Fiscais da Actividade Mineira), as amended and republished by Lei n.º 15/2017, de 28 de Dezembro (BR I Série n.º 202, 2.º supl.) · Art. 12(a)in force 2018-01-01 |
| Royalty | Gold, Silver, Platinum, Palladium, Platinum-group metals, Titanium (ilmenite), Titanium (rutile), Zirconium (zircon), Garnet (industrial)IPM on precious metals, precious and semi-precious stones and heavy mineral sands (areias pesadas) | 6%value of the extracted mineral product after treatment: last sale price matching the international reference price (or the reference price if no sale), less transport to export or domestic sale point (Arts. 10-11) | Lei n.º 28/2014, de 23 de Setembro (Regime Específico de Tributação e de Benefícios Fiscais da Actividade Mineira), as amended and republished by Lei n.º 15/2017, de 28 de Dezembro (BR I Série n.º 202, 2.º supl.) · Art. 12(b)in force 2018-01-01 |
| Royalty | All mineralsIPM on base metals, coal, ornamental rock and all other mineral products not listed in (a)-(b) (graphite, lithium, copper, etc.); sand and stone 1.5% (Art. 12(d)). Extending the stability period to the end of the initial concession costs +2% on the IPM rate from the 11th year of production (Art. 58(3)) | 3%value of the extracted mineral product after treatment: last sale price matching the international reference price (or the reference price if no sale), less transport to export or domestic sale point (Arts. 10-11) | Lei n.º 28/2014, de 23 de Setembro (Regime Específico de Tributação e de Benefícios Fiscais da Actividade Mineira), as amended and republished by Lei n.º 15/2017, de 28 de Dezembro (BR I Série n.º 202, 2.º supl.) · Art. 12(c)in force 2018-01-01 |
| Royalty | All mineralsMining title holders pay the Imposto sobre a Produção Mineira (mineral production tax) and the Imposto sobre a Renda do Recurso Mineiro (resource rent tax) among other taxes; 10% of production-tax revenue goes to local communities. Rates are set in the separate mining tax law | — | Lei n.º 7/2026, de 3 de Junho - Lei de Minas (Boletim da República, I Série, n.º 104, suplemento) · Art. 33in force 2026-06-03 |
| State free-carried interest | All mineralsState participation of not less than 15%, non-dilutable and at no cost to the State, at all stages of the value chain; mining contracts must include a >=15% free-carry clause; ENM represents the State in strategic minerals | 15% | Lei n.º 7/2026, de 3 de Junho - Lei de Minas (Boletim da República, I Série, n.º 104, suplemento) · Art. 23(2)(a), 47in force 2026-06-03 |
| Windfall / resource-rent tax | All mineralsImposto sobre a Renda do Recurso Mineiro (IRRM), payable by holders of a mining concession or mining certificate when accumulated net cash gains are positive | 20%closing balance of accumulated net cash gains of the mining concession/certificate (IRPC taxable income before losses, plus interest, financing costs and depreciation, less total capital costs); negative opening balances uplifted 18% a year | Lei n.º 28/2014, de 23 de Setembro (Regime Específico de Tributação e de Benefícios Fiscais da Actividade Mineira), as amended and republished by Lei n.º 15/2017, de 28 de Dezembro (BR I Série n.º 202, 2.º supl.) · Arts. 42-47in force 2018-01-01 |
| Local beneficiation requirement | All mineralsTreatment and processing of ores must be carried out in Mozambique progressively, as defined by the Council of Ministers; at least 20% of ore produced to be reserved for the domestic market (percentage per mineral set by the Council of Ministers) | — | Lei n.º 7/2026, de 3 de Junho - Lei de Minas (Boletim da República, I Série, n.º 104, suplemento) · Art. 38, 71in force 2026-06-03 |
| Stability period | All mineralsFiscal stability on taxable base, rates and incentives from title award until 10 years after start of commercial production, if at least USD 5 million is invested; extendable to the end of the initial concession for +2% IPM; does not cover surface tax | 10 years | Lei n.º 28/2014, de 23 de Setembro (Regime Específico de Tributação e de Benefícios Fiscais da Actividade Mineira), as amended and republished by Lei n.º 15/2017, de 28 de Dezembro (BR I Série n.º 202, 2.º supl.) · Art. 58in force 2018-01-01 |
Rates and terms as set in the cited law or regulation; agreements with individual projects can differ. Not legal or tax advice.
Deals and financing (4)
2026-03-25 · Equity investment · announced
U.S. International Development Finance Corporation → Syrah Resources · Balama graphite mine and Vidalia anode plant
DFC proposed converting part of its Balama loan into Syrah common equity, rolling the rest into a convertible loan note and adding new money for Balama's liquidity, with warrants for further equity.
2026-03-02 · Offtake · signed
NextSource Materials → Syrah Resources · Balama Graphite Operation
Syrah signed a conditional seven-year binding offtake to supply Balama natural graphite fines to NextSource for its planned anode facility in Abu Dhabi.
2024-03-01 · Offtake · signed
POSCO Future M → Syrah Resources · Balama Graphite Operation
Syrah signed a binding six-year offtake with anode maker POSCO Future M for natural graphite fines from Balama in Mozambique.
2023-10-05 · Government loan · signed · US$150 m
U.S. International Development Finance Corporation → Twigg Exploration and Mining Limitada (Syrah Resources) · Balama graphite operation
DFC committed a USD 150 million loan to Syrah's Mozambican subsidiary Twigg to support graphite mining and processing at Balama.
Mines and facilities (10)
- Ancuabe graphite mineMine · In production · Cabo DelgadoGraphite (natural)
- Ancuabe Graphite Project (T12/T16, Triton)Project · Development · Cabo DelgadoGraphite (natural)
- Balama Central Graphite ProjectProject · Exploration · Cabo DelgadoGraphite (natural)
- Balama Graphite OperationMine · In production · Cabo DelgadoGraphite (natural)
- Manica bauxite mine (Mina Alumina)Mine · In production · ManicaBauxite
- Moma Titanium Minerals MineMine · In production · NampulaTitanium (ilmenite), Titanium (rutile), Zirconium (zircon)
- Montepuez Graphite ProjectProject · Development · Cabo DelgadoGraphite (natural)
- Mozal aluminium smelterSmelter · In production · MaputoAluminium
- Muiane tantalite mineMine · In production · ZambeziaTantalum, Niobium
- Tazetta Resources mineral sands mines (licences 7150C, 8255C, 8256C)Mine · In productionZirconium (zircon), Titanium (ilmenite)
Latest news
All news →- Mozambique extends Kenmare Moma rights to 2044 with higher royalty and option on 20% of output
2026-10-30 · Kenmare Resources
- US DFC plans more equity investments in African critical minerals
2026-10-12 · MiningFocus Africa
- UAE-based IRH makes takeover approach for Mozambique mineral sands producer Kenmare
2026-10-07 · Ecofin Agency
- Balama graphite output in Mozambique recovers in H1 2026 amid weak ex-China demand
2026-09-09 · Club of Mozambique