The American company Titan Lithium Inc. is strengthening its position in Tanzania due to the discovery of large reserves of lithium in the country.
Economy and Development March 17, 2023
Lithium deposits south of Mount Kilimanjaro signal enough reserves to make Tanzania the global lithium market leader.
Preliminary findings from two separate soil geochemical surveys carried out in Tanzania were described as encouraging.
The new discoveries surpass previous discoveries of lithium in Tanzania confined to Mohanga, a region in central Tanzania near Dodoma.
Recently, the US-based company released preliminary results from two separate geochemical soil samples taken at two sites spanning the Kilimanjaro and Arusha regions, indicating high lithium contents of up to 2.79% lithium oxide.
In Mohanga, lithium deposits with values greater than 1.5% lithium oxide were discovered by Liontown Resources in 2017.
Cassius Mining Ltd. acquired prospecting licenses covering around 300 square kilometers in the same region in July 2022.
About 200 square kilometers are occupied by the Titan 1 and Titan 2 project areas in the Mount Kilimanjaro region.
Surface samples have revealed high-value lithium over a wide area, according to Sangha, and work is still underway to define the boundaries of discovery across the region.
The larger perspective of Titan 1 is compared to Titan Lithium's flagship West End Lithium project in Nevada, United States, which the company claims is "one of the largest lithium resources in the world".
For monetary donations to the project:
Novo Banco - Portugal - IBAN: PT50 0007 0000 0016 8454 5662 3 - SWIFT/BIC: BESCPTPL
Bank of Commerce and Industry (BCI), R. Rey Katiavala, 224, Luanda - Account 4102547210-001