{"id":38319,"date":"2023-03-26T16:23:18","date_gmt":"2023-03-26T16:23:18","guid":{"rendered":"https:\/\/www.africa-press.net\/rwanda\/all-news\/us30m-lithium-mining-company-launched-in-rwanda"},"modified":"2023-03-26T16:57:16","modified_gmt":"2023-03-26T16:57:16","slug":"us30m-lithium-mining-company-launched-in-rwanda","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/rwanda\/economy\/us30m-lithium-mining-company-launched-in-rwanda","title":{"rendered":"US$30M Lithium Mining Company Launched In Rwanda"},"content":{"rendered":"

Africa-Press – Rwanda. <\/strong><\/span>Finance Minister Dr. Uzziel Ndagijimana on Friday officially launched Trinity Metals, a merger of three mining companies that deal in Tin, Tantalite, Tungsten and Lithium exploration.<\/p>\n

Trinity Metals is a US$30 million merger of Rutongo Mines Ltd, Eurotrade International Ltd and Piran Rwanda Ltd.<\/p>\n

The company now employs more than 5000 people.<\/p>\n

The mining sector is the country\u2019s second-largest export revenue earner after tourism, and Rwanda\u2019s ambition to boost it lies in local mineral value addition.<\/p>\n

Minister Ndagijimana said that despite its position as second earner of exports receipt, \u201cour mining sector is very far from reaching its potential.\u201d<\/p>\n

Last year, 2022, excluding gold, recorded mineral exports amounted to only a little more than US$200 million.<\/p>\n

To realize the potential of the mining sector, Ndagijimana called for use of technology to increase productivity in extraction; thinking about employees and environment protection.<\/p>\n

He added that the company should consider investing in beneficiation before exporting the minerals.<\/p>\n

The company Chairman, Shawn McCormick, said in the next 5 years, \u201cwe are investing into further expanding our mines, introducing new equipment and upskilling our workers.\u201d<\/p>\n

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\u201cWe are mindful of our workers\u2019 safety and emphasize best safety protocols and environmental systems to ensure that our people and the environment are not hurt,\u201d added McCormick.<\/p>\n

Meanwhile, Lithium ore is currently on high demand globally due to increased production of batteries for electric vehicles and other gadgets.<\/p>\n

A kilogram of lithium, depending on quality and quantity ranges between US$1000\/MT and US$6000\/MT.<\/p>\n

In Rwanda, Lithium has been traced in different parts of the country including Rwanda has at least six known deposits of lithium, including Ngororero, Muhanga, Karongi, Bugesera and Rwamagana.<\/p>\n

For More News And Analysis About Rwanda<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Rwanda. Finance Minister Dr. Uzziel Ndagijimana on Friday officially launched Trinity Metals, a merger of three mining companies that deal in Tin, Tantalite, Tungsten and Lithium exploration. Trinity Metals is a US$30 million merger of Rutongo Mines Ltd, Eurotrade International Ltd and Piran Rwanda Ltd. The company now employs more than 5000 people. […]<\/p>\n","protected":false},"author":84,"featured_media":38317,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,15],"tags":[760,763,758],"class_list":["post-38319","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-africa-press","tag-africa-press-rwanda","tag-rwanda"],"yoast_head":"\nUS$30M Lithium Mining Company Launched In Rwanda - Rwanda<\/title>\n<meta name=\"description\" content=\"Finance Minister Dr. Uzziel Ndagijimana on Friday officially launched Trinity Metals, a merger of three mining companies ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/rwanda\/economy\/us30m-lithium-mining-company-launched-in-rwanda\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"US$30M Lithium Mining Company Launched In Rwanda\" \/>\n<meta property=\"og:description\" content=\"Finance Minister Dr. Uzziel Ndagijimana on Friday officially launched Trinity Metals, a merger of three mining companies ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/rwanda\/economy\/us30m-lithium-mining-company-launched-in-rwanda\" \/>\n<meta property=\"og:site_name\" content=\"Rwanda\" \/>\n<meta property=\"article:published_time\" content=\"2023-03-26T16:23:18+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-03-26T16:57:16+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/rwanda\/sites\/23\/2023\/03\/postQueueImg_1679831607.73.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"720\" \/>\n\t<meta property=\"og:image:height\" content=\"481\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/rwanda\/economy\/us30m-lithium-mining-company-launched-in-rwanda#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/rwanda\/economy\/us30m-lithium-mining-company-launched-in-rwanda\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/rwanda\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"US$30M Lithium Mining Company Launched In Rwanda\",\"datePublished\":\"2023-03-26T16:23:18+00:00\",\"dateModified\":\"2023-03-26T16:57:16+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/rwanda\/economy\/us30m-lithium-mining-company-launched-in-rwanda\"},\"wordCount\":314,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/rwanda\/economy\/us30m-lithium-mining-company-launched-in-rwanda#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/rwanda\/sites\/23\/2023\/03\/postQueueImg_1679831607.73.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Rwanda\",\"Rwanda\"],\"articleSection\":[\"all news\",\"Economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/rwanda\/economy\/us30m-lithium-mining-company-launched-in-rwanda#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/rwanda\/economy\/us30m-lithium-mining-company-launched-in-rwanda\",\"url\":\"https:\/\/www.africa-press.net\/rwanda\/economy\/us30m-lithium-mining-company-launched-in-rwanda\",\"name\":\"US$30M Lithium Mining Company Launched In Rwanda - 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