Business
Uganda set to inaugurate inaugural domestic tin processing facility next month
Uganda is poised to inaugurate its inaugural tin refining facility in the southwest region, marking a significant stride in bolstering capacity and advancing mineral value within the country. A high-ranking official from the mining ministry disclosed this development, underscoring Uganda’s commitment to harnessing the full potential of its mineral resources domestically.
President Yoweri Museveni has been steadfast in his pursuit of maximizing the benefits derived from exports to Uganda, a strategic move given the presence of numerous gold refineries already operational in the nation. Additionally, the recent licensing of Chinese-backed Sunbird Resources to extract limestone for cement production further underscores Uganda’s push for value addition in its mining sector.
“We are gearing up to unveil our inaugural tin processing plant,” stated Irene Bateebe, a prominent figure within the energy and mineral development ministry, during an interview with reporters on Wednesday. She revealed that the launch event is scheduled for next month, signifying a landmark achievement in Uganda’s mining industry.
Woodcross Resources, a reputable mining and mineral trading entity based in Uganda, is the proprietor of the forthcoming facility. Bateebe emphasized that the plant will refine tin to a purity exceeding 99 percent, indicating a significant quality standard. However, details regarding the investment scale remain undisclosed at present. Despite attempts to reach out for comments, Woodcross has yet to provide a response.
According to information available on Woodcross’s official website, the company holds a tin mining license spanning 40 square kilometers (15 square miles) in western Uganda. Furthermore, its tin refining plant boasts an annual capacity exceeding 1,000 tonnes, highlighting its potential to contribute substantially to Uganda’s mineral processing capabilities.
