Tanzania opposition party says its leader has been moved to different prison
China’s Shenghe to acquire half of Peak Rare Earths- Tanzania project
6:59 CAT | 24 Jul 2024
FILE - For illustration purposes only. [File photo: Mining Review]
Australia’s Peak Rare Earths said on Wednesday Chinese miner Shenghe Resources would acquire a 50% stake in an U.K.-based firm that owns 84% of its Ngualla project in Tanzania.
Ngualla is a rare earths project in southern Tanzania owned by PR NG Minerals, 87.5% of which is owned by Peak.
Source: Reuters
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