Technology Metals - The
Value Proposition

In Rwanda, Aterian holds the rights to over 3,000 hectares of prospective ground for critical & strategic metals.

Aterian intends to generate growth through:

  • Exploration and development of Rwandan assets
  • M & A deal flow and licence ownership
  • Entering partnerships with existing small-scale producing and near-production assets
  • We have secured a metal Trading Licence, which will facilitate buy-in opportunities, plus better offshore pricing and by-product credits 

the republic of Rwanda


  • One of the world’s largest producers of the 3 T’s : Tantalum, Tin & Tungsten.
  • New mining code implementing a regulatory framework to attract foreign investment coupled with the Government’s drive to mechanise and modernise the mining sector.
  • Voted 2020 Top Regional Mining Location due to its stability and investor friendliness ( – August 2020).
  • All mineral exports are traceable through an international tagging system.
  • Our Trading Licence will allow for buy-in opportunities and better offshore pricing and by-product credits once activated.
  • Global Tantalum market is forecast to rise from 9 million pounds (lbs) in 2020 to 10.1 million pounds (lbs) by 2027.
  • Tantalum has important uses in many electronics, with rapidly growing demand driven by uptake of EVs and mobile devices using Ta-Nb capacitors
  • Ta2O5 (cash) : US$200,000/t from Kigali Traders & Tin (cash-LME) : US$ 19,400/t – Oct 2022.
Aterian plc - Rwanda
Aterian plc - Drilling

Western Rwanda


  • A small–scale development project with 25 tph processing plant.
  • 85% Shareholding in Joint Venture with the Kuaka Cooperative.
  • Located in western Rwanda with +200 artisanal workings, several extending to depths of +80 m.
  • No previous mechanical mining or modern processing on the project.
  • Pegmatite-hosted Tantalite-Niobium mineralisation.
  • Five target zones identified on the project, with initial work on the “Rich Back” target zone.
  • Four of these zones are untested; including the “Kassava” pegmatite (450 m strike x 30 m wide on surface). 
  • Drilling planned to test underground potential.
Aterian plc - Musasa Project
Aterian plc - Groundworks
Musasa Project : heavy mineral separation
Musasa Project : artisanal workings and pegmatite

Southern Rwanda


  • Aterian holds a 70% shareholding in the Joint Venture.
  • 2,750 hectare exploration licence – highly prospective for rare metal pegmatites and magmatic-hydrothermal Sn-W vein discovery.
  • Mineralisation related to weathered, rare metal hosting pegmatite enriched in Ta, Nb, and Sn. Bedrock potential remains untested.
  • 2 identified historic and mineralised targets on the project, with the HCK-1 target considered evaluation ready.
  • HCK-1: 1,500 m strike length and c.30 m wide, sub-vertically dipping pegmatite zone along a prominent ridgeline.
  • Aterian exploration discovers 16 new pegmatite zones on the project.
Aterian plc - Future Acquisitions
Eastinco Mining - Change of Appointments
Aterian plc - Projects: Black Tantalum Bearing Minerals
Aterian plc - Vista

Huye - Rwanda

Dynasty JV

  • Hold a 50% shareholding in JV over a 400 hectare exploration licence.
  • Immediately adjacent to the HCK JV Licence.
  • Limited historical artisanal activity which is seen as a positive for the licence.
  • Four key zones of tantalum-bearing pegmatite identified to date from reconnaissance prospecting over less than 25% of the licence.
  • Potential for multiple mineralised systems of rare metal-hosting pegmatite.
  • Multiple additional targets/anomalies identified for follow-up.
  • Exploration underway for additional new discoveries.
  • Geochemical sampling and traversing planned with follow-up pitting and manual auger holes over discovered pegmatite zones. 
Aterian plc - Bore Holes
Huye : geological mapping

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