Helium One Global has been offered a mining licence for its southern Rukwa project in Tanzania.
FLAGSHIP
The licence would cover approximately 480km2, encompassing all of the project in the Momba, Sumbawanga Districts in the southern Rukwa Basin.
The area is “significantly” larger than a standard mining licence area for conventional mining practices, noted the company.
Helium One said it was reviewing the terms of the offer.
“This historical moment, for both the company and for Tanzania, is the first ML [mining licence] to be offered for helium in Tanzania and also the first of such a significant size,” added chief executive Lorna Blaisse.
“I would like to express my appreciation to the Ministry of Minerals and the Mining Commission for their support of this application and project, and for entrusting the company in paving the way for this flagship commodity sector in-country.”