RE: Exploitation Permit27 Oct 2020 12:11
English Translation!
Togo First) - The creation of a phosphate fertilizer production unit is one of the priorities of Togo's new five-year roadmap, said Mila Mawunyo Aziable, Minister Delegate to the President of the Republic, in charge of Energy and Mines.
If this production has remained at the project stage since 2015 when the Israeli group Elenilto had received the permit to carry out this activity and exploit carbonate phosphates, there are reports that the status quo will not continue in this area. .
In the same vein, we learn that the wealthy Nigerian businessman, Aliko Dangote, has obtained two research permits for carbonate phosphates. The research will target the Kpomé Apéyémé area and its surroundings in Zio prefecture and the Akoumapé area in Vo prefecture.
Updating the carbonate phosphate mining and phosphate fertilizer production project is not the only priority project of the new government in the mining sector. The exploration and exploitation activities of other mineral resources will also experience a new dynamism with this government in which the ministers are bound by contracts of objectives.
As a reminder, certain measures have been considered to improve governance of the mining sector. Thus, the State Holding Togo Invest has been called upon to co-develop with Ica Invest, the project to exploit the clay deposit of Ledjoblibo, prefecture of Dankpen (about 90 km from Kara, a town located 420 km from Lomé, in the North).
A few months earlier, the process of amending the Mining Code was launched with the adoption of a bill aimed at eventually enabling the state to improve its mining revenues.
What do we think was meant in para 2 ?
“there are reports that the status quo will not continue in this area”
Aren’t we in this sector?
However, outlook promising........at least they appear to be aware of the shortcomings of “not” investing!
Here’s hoping for a successful trip!
PC
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