The opening of a coltan refinery in Kigali is a key issue for Rwandan President Paul Kagame, who intends to make Rwanda a Great Lakes hub for mineral transformation before export outside the African continent. This would be a source of significant income for the country, given that processed minerals sell for a much higher price than raw minerals.
How will the Power Resources International refinery benefit Rwanda?
This would be a source of significant income for the country, given that processed minerals sell for a much higher price than raw minerals. The opening of the Power Resources International refinery means that Rwanda will have three different types of mineral processing units in the country comprising coltan, tin and gold.
Why does Rwanda import petroleum products from abroad?
Currently, Rwanda imports all its petroleum products requirements from abroad since there is no local production. The main policy objective for the sub-sector is to ensure safe, sufficient, reliable, sustainable and affordable supply of petroleum product. This entails boosting investments in supply and storage infrastructure. 1.
What’s going on with power resources’ first coltan refinery in Kigali?
Power Resources’ first coltan refinery in Kigali has entered its final construction phase. The plant will turn Rwanda into a key global supplier of this strategic mineral used in the telephone and electronics industries.