Copper tipped to rival gold as driver of Tanzania’s growth

Copper pic

Copper is fast emerging as Tanzania’s next major mining opportunity. PHOTO | FILE

Dar es Salaam. Copper is fast emerging as Tanzania’s next major mining opportunity, with rising global prices and demand positioning the mineral as a strategic resource capable of rivalling gold in fuelling the country’s economic transformation.

Despite its growing potential, experts say Tanzania has historically focused more on gold due to its higher global price. However, with copper’s critical role in electrical manufacturing and renewable energy, calls are growing for the government to recalibrate its mining priorities.