Helium Discovery Draws Attention To East Africa Minerals

East Africa´s minerals have not been fully exploited due to high infrastructure needs and mining input requirements, the report says. Region said to have a multitude of minerals that have not been fully exploited. The discovery of helium in Rukwa, south-western Tanzania, has shifted global attention to East Africa´s vast mineral resource. “East Africa is one of the continent´s next mining frontiers, hosting a multitude of minerals and will offer significant volume growth to investors in the next decade,”Deutsche Bank said. “Miners have cut capital expenditure drastically as commodity prices have tumbled since the 2008 peak. The world will need new mines by 2025, including around 500 kilotonnes of copper, or more, each year,” the German bank added. In a report titled Africa: The Next Frontier, Deutsche Bank said that despite massive deposits, the minerals have not been fully exploited due to high infrastructure needs and mining input requirements. The draft East Africa

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