Sh700 billion rare earth operation beckons

Ngualla Project construction is expected to cost approximately $320 million

What you need to know:

  • The Ngualla Rare Earth Project (Ngualla Project), whose construction is expected to cost approximately $320 million (about Sh736 billion), has received impetus to begin implementation after the company, Peak Rare Earths Limited (based in the UK), revealed an invitation to attend an agreement signing ceremony next week in the capital Dodoma.