Moma Titanium

The project includes the mining, concentration and separation of heavy mineral sands on the coast at Moma, near Angoche, Northern Province of Nampula.

Objectives

Production and shipment of some 660 000 t/y of ilmenite, zircon and rutile.

Comments

Mining.

Sector(s)

Industry

Proposed EIB finance (Approximate amount)

Up to EUR 55 million

Total cost (Approximate amount)

Environmental aspects

A full environmental impact assessment was prepared, and an environmental impact management plan will be put in place both for the mining site and for the electricity line.

Procurement

Bank’s guidelines will be followed.

Status

Signed - 18/06/2004.

Disclaimer

Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. Therefore data provided on this page is indicative and cannot be considered to represent official EIB Policy (see also the Explanatory notes).

Projects

Mining, concentration and separation of heavy mineral sands

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Guide to procurement

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