US-backed group eyes $500m Tanzania nickel investment

AMERICA’S race to loosen China’s grip on critical minerals is zeroing in on Tanzania, where a US-backed investment vehicle is preparing to put roughly half a billion dollars behind one of Africa’s biggest undeveloped nickel projects, Bloomberg reported. Orion CMC is negotiating an investment of about $500m to $600m in the Kabanga nickel project, after […] The post US-backed group eyes $500m…