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Mozambique eyes mining boom with 15% stake push and export ban strategy

Mozambique is positioning itself to capture greater value from its mineral resources by introducing a 15% mandatory state stake in major mining projects and considering restrictions on raw mineral exports. The policy direction, signalled in 2026, reflects a broader shift toward resource nationalism across Africa, as reported by Reuters.

Under the proposed framework, the government would automatically hold a 15% interest in large-scale mining ventures, ensuring direct participation in profits and strategic oversight. Authorities are also evaluating an export ban on unprocessed minerals, a move aimed at encouraging local beneficiation and industrial development within the country.

The strategy mirrors similar policies adopted in other African mining hubs, where governments are seeking to retain more value domestically rather than exporting raw materials. Business Insider Africa says the reforms are designed to boost job creation, strengthen industrial capacity, and increase fiscal revenues from the sector.

Analysts note that while the measures could enhance long-term economic benefits, they may also raise concerns among foreign investors regarding regulatory risk and project economics. The success of Mozambique’s approach will likely depend on balancing investor incentives with its ambition to build a more integrated and value-driven mining industry.

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