Chinese mining company TZM Resources is about to start mining heavy sands in the Pebane district, in Zambézia province, central Mozambique. The project, which has an estimated investment of 30 million dollars and a life expectancy of 15 years, is in the final stages of preparation after a period of prolonged testing of the machinery.
According to Eduardo Vida, the region’s administrator, activities should begin soon, as the necessary infrastructure, such as the shipyards, port and camp, are already in place. The initiative promises to boost local development and create jobs for young people in the region.
In addition to mineral exploration, TZM Resources has stood out for its social responsibility actions with local communities. The company is supplying electricity and awarding scholarships, demonstrating its commitment to sustainable development and promoting access to education.
The implementation of this project is a reflection of the economic potential of the mining sector in Mozambique. The country has been investing in the expansion and modernization of its extractive activities as part of a broader strategy to boost economic growth and reduce dependence on traditional sectors.
Within the scope of the Social Economic Plan and State Budget (PESOE) for 2024, the Mozambican government has positive expectations for the extractive industry sector, forecasting growth of 18.6%. This outlook reflects optimism about the sector’s potential contribution to the country’s economic development.
