Rwanda

A Lithium-Tantalum-Tin-Tungsten Destination: The 3T's

Rwanda

WHY RWANDA?

One of world’s largest producers of Tantalum, Tin & Tungsten (the 3T’s).

New mining code implementing a regulatory framework to attract foreign investment.

Government drive to mechanize and modernize the mining sector.

No foreign exchange controls – currency freely convertible.

All mineral exports traceable through the tagging system currently accepted by the downstream buyers of the minerals.

International metal/concentrate buyers located in-country.

Global Tantalum market forecast to rise from 9 million pounds in 2020 to 10.1 million pounds by 2027.

LME cash prices for tin passed $32,000/t in May 2021 – a 10 year high.

Rwanda

MUSASA MINE –KUAKA JV

Controlling 85% shareholding in Joint Venture with Kuaka Cooperative.

Located in western Rwanda, near Lake Kivu with some +200 small artisanal workings, several extending to depths of +80 m.

Pegmatite-hosted tantalite with subordinate tin-bearing quartz veins.

5 target zones identified. Initial trial mining underway on the “Rich Back” target zone.

4 additional zones untested; including the “Kassava” target (450 m x 30 m on surface).

Capex already committed with 25 tph gravity separation wash plant installed and mining equipment operational.


Aterian plc - Groundworks
Aterian plc - Fine Works

Rwanda

HCK JV

Controlling 70% shareholding in Joint Venture with Rwandan partner.

2,750 hectares of highly prospective ground for rare metal pegmatites and magmatic-hydrothermal Sn-W vein mineralisation in southern Rwanda.

2 identified targets on the project.

Target HCK-1 target ready for evaluation.

HCK-1 : 650 m strike and c.30 m wide, sub-vertically dipping pegmatite zone along prominent ridgeline.

Exploration for additional discoveries in relatively under-explored part of the country.

Good local infrastructure with abundant fresh water for new mineral wash plant.

Aterian plc - Vista

Rwanda

Dynasty JV

50% shareholding in Joint Venture with a Rwandan company.

Immediately adjacent to the HCK JV block.

4 key zones of tantalum-bearing pegmatite identified to date.

Potential for multiple mineralised systems of rare metal-hosting pegmatite.

Multiple additional targets/anomalies identified for follow-up.

Exploration underway for additional new discoveries.

Aterian plc - Bore Holes
Huye : geological mapping
m About

Aterian plc is an investment company listed on the London Stock Exchange acquiring and developing critical and strategic mineral resources.