Mozambique - Moma Mineral Sands Project

The project is a green field project located in the north-eastern part of Nampula Province in Northern Mozambique. It involves dredge mining of titanium bearing sands, the production of Heavy Concentrate (HC) in a floating concentrator plant and the separation of final products in a dry separation plant. The project includes the development of roads, power, water supply, a clinic, a school, airstrips and other services to improve the living standard of the populations in the project area. The project, which is based on proven technology, entails dredge mining of titanium-bearing sands, the production of heavy minerals concentrate in a floating concentrator plant and the separation of final products in a separation plant. Initially a 20-year life span is planned.