The Mozambican government announced Thursday in Maputo that it is looking for an investor with financial capacity to exploit the Evate mine of phosphate in northeastern province of Nampula.
Located in Monapo district of Nampula, the Evate mine has the capacity to produce 42 million tonnes of phosphate per year.
According to the director of the service of Economic Activities in Monapo, Mendes Tomo, the lack of market has “paralyzed” the exploration.
“In the past we have had some negotiations with Brazil and Malawi to explore the mine, but due to the lack of capacity of these countries to implement a mining project for the mineral, everything is paralyzed,” said Tomo speaking to the press.
The director said that the phosphate mine at Monapo is the only one across the country.
“Research, laboratory testing and environmental licensing have been done, but even so, phosphate mining has not yet been started, because there has not yet been a large investor interested and capable enough to match the size of the exploration project,” explained Tomo.
In 2007, the Evate mine was delivered to Vale Mozambique, the company carried out laboratory tests, feasibility studies, environmental licenses and public consultations, but it allegedly gave up due to the lack of market.
Tomo added that studies have found there is huge amount of high-value phosphate in that area.
The ore is mainly used to produce raw materials for the production of phosphoric acid and fertilizers. Enditem