Tantalite production fell by 3% in 2023, below the targets set by the Mozambican government. Tantalite is a mineral made up of niobium and tantalum, sought after for its application in the electronics industry, due to its resistance to heat and other properties.
According to data from the 2023 budget execution, released by the Ministry of Economy and Finance, production reached 204.8 tons in the period in question, compared to 244.7 tons in 2022.
The document points out that, in 2022, the country planned to produce 251.3 tons of the mineral, while in 2021 it extracted just 178.5 tons and in 2020 just over 209. However, by 2024, Mozambique expects to produce around 270 tons in one year.