Tanzania, April 3 -- Manyara. Tanzania has taken a significant step towards strengthening its position in the global minerals market following the signing of a joint venture between Planet One Group and State Mining Corporation (Stamico) to develop three graphite concessions in the Mererani area.

The agreement is widely seen as a strategic move that could accelerate the country's industrialisation agenda, unlock new investment opportunities and increase its participation in the fast-growing global market for energy transition minerals.

Graphite is a critical component in the production of lithium-ion batteries used in electric vehicles, renewable energy storage systems and electronics-placing Tanzania in a favourable position as global ...