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Uganda Must Process Minerals at Home, Not Export Them Raw

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Uganda Must Process Minerals at Home, Not Export Them Raw
Image · Nile Post

What the report says

Uganda is aiming to attract more investment into local mineral processing, beneficiation and manufacturing rather than exporting minerals in raw form, according to State Minister for Energy and Mineral Development Phiona Nyamutoro, as reported by Nile Post. She made the remarks at the launch of the 15th Annual Mineral Wealth Conference, which is scheduled for September 29–30 at Speke Resort Munyonyo, with a field trip to eastern Uganda set for October 1–3.

Nyamutoro said the focus should move beyond identifying what is in the ground to deciding what Uganda can build from those resources. She said the country has identified more than 58 mineral categories, including rare earths, gold, iron ore, phosphates, graphite, cobalt, copper, lithium, coltan, limestone, marble and vermiculite, and noted that high-resolution aeromagnetic surveys have revealed additional exploration targets.

She argued that mineral-rich countries often keep only a small portion of the value generated from their resources if they export them without further processing. In that context, she said Uganda should pursue extraction alongside refining and manufacturing so that more jobs, industrial capacity, investment and long-term national wealth remain in the country.

The broader policy direction reflects a common mining-sector strategy in Africa: using local value addition to increase economic returns and reduce dependence on exporting unprocessed commodities.

Read the full report at Nile Post →

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