Mozambique mandates 15 percent state stake in mining
President Daniel Chapo signed a law requiring a 15% state stake in all mining projects. The rules also mandate local processing to boost economic benefits.
Mozambique President Daniel Chapo signed a law mandating a 15% non-dilutable state stake in all mining projects and local mineral processing. This move targets the world’s third-largest graphite producer to secure greater control over critical battery materials. The legislation increases entry costs and restricts raw exports for foreign investors seeking access to energy transition metals.
The law, signed on June 4, requires the National Mining Company to hold a minimum free-carried interest. This mandate applies to every stage of the mining value chain. A government notice released on June 3 indicates the move aims to defend national interests.
