AUTHORITIES in Ludewa District have assured that they will not obstruct investors seeking to explore the area's mineral resources to ensure the resources contribute to the community's economic development.
Ludewa District Commissioner Olvanus Thomas has pledged full support for new investments in the district’s mining sector, emphasizing President Samia Suluhu Hassan’s commitment to economic diplomacy and investment promotion.
The assurance came during the introduction of Hongji Mining Company Limited, a new investor conducting research on layered minerals in Mkiu village—a critical component in manufacturing car batteries, aircraft parts, and other industrial applications.
Thomas called on local officials to streamline investment processes, aligning with national efforts to attract and retain investors.
“Our President is leading investment initiatives, and we must not miss these opportunities,” he stated. He also urged residents to protect natural resources, maintain peace, and take pride in their mineral wealth to sustain investor interest.
Mohamed Yahya Alkithiri, CEO of Hongji Mining, confirmed that the ongoing research will inform a detailed report to the government, guiding the next steps. He noted that layered minerals are highly sought after, particularly in China, signaling strong market potential.
Lubonde Ward Councillor Edger Mtitu appealed for additional investors and expanded mineral exploration, citing Ludewa’s untapped resources.
“If layereth exists here, there are likely more minerals to discover,” Mtitu said, urging further research to unlock the district’s economic potential.
© 2025 IPPMEDIA.COM. ALL RIGHTS RESERVED