Baobab Resources Plc (LON:BAO) Tete Iron 2MTPA Production Scenario Demonstrates Advantages of Scalability with Robust Economics
Baobab Resources Plc (LON:BAO) is wholly focused in Mozambique where it is developing a pig iron and ferro-vanadium project in the Tete province (the 'Tete Project'), one of Africa's fastest growing mining centres. The International Finance Corporation ('IFC') holds a 15% participatory interest in the Tete Project.