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30 Oct 2026 · Kenmare Resources
Mozambique extends Kenmare Moma rights to 2044 with higher royalty and option on 20% of output
Kenmare said Mozambique's Council of Ministers approved the renewal of the Moma titanium mine Implementation Agreement to 2044. The royalty on gross revenue rises from 1% to 3% for 2025-2029, 4% for 2030-2034 and 5% from 2035; Kenmare must invest at least USD 200 million and fund USD 50 million of social projects, and the state may buy up to 20% of annual output at market prices for local processing.
12 Oct 2026 · MiningFocus Africa
US DFC plans more equity investments in African critical minerals
The US International Development Finance Corporation intends to make more direct equity investments in Africa, including in critical minerals, to help diversify supply away from China, its regional managing director for Africa said. The DFC reports over US$14 billion committed in Africa, more than US$3 billion of it for critical minerals, with a pipeline that includes rare earth projects and a graphite mine in Mozambique.
7 Oct 2026 · Ecofin Agency
UAE-based IRH makes takeover approach for Mozambique mineral sands producer Kenmare
Kenmare Resources confirmed on 6 October that it had received a non-binding, all-cash proposal from UAE-based International Resources Holding for its entire share capital, without disclosing the price. Kenmare runs the Moma mineral sands mine in Mozambique, which produces ilmenite, rutile and zircon, and IRH has until 17 November to make a firm offer or withdraw.
9 Sept 2026 · Club of Mozambique
Balama graphite output in Mozambique recovers in H1 2026 amid weak ex-China demand
Syrah Resources produced about 25,800 tonnes of natural graphite at Balama in the first half of 2026 and sold about 26,600 tonnes to third parties after the previous year's disruption. The company pointed to global oversupply, weak demand outside China and uncertainty over US trade measures as pressures on the operation.
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