DAR ES SALAAM, Oct. 12 -- The government is expected to hold a 17% equity stake, while the Chinese company holds the remaining 83%, according to S&P Global.

Tanzanias growing graphite and critical-minerals sector is placing the country closer to the global battery supply chain, but an important question remains: How much of the battery industrys value will actually remain in Tanzania?

The country is already attracting investment aimed at supplying the rapidly growing battery-materials market.

In August 2026, Tanzania signed a $100 million agreement with Chinas Henan Yudi Mining Company for a graphite project in Morogoro. The government is expected to hold a 17% equity stake, while the Chinese company holds the remaining 83%, according ...