Rwanda - Market OpportunitiesRwanda - Market Opportunities
Overview
Rwanda is one of the world’s largest producers of tin, tantalum, and tungsten (3Ts), and also exports some gold and gemstones. Rwanda also possesses a variety of minerals such as silica sands, kaolin, vermiculite, diatomite, clays, limestone, talcum, gypsum, and pozzolan. Small-scale mining accounts for around 80 percent of the country’s mineral output. The government is eager to formalize the sector, attract international mining investors, and increase processing of minerals in the country. A new Rwanda Mining, Gas and Petroleum Board was established in 2017 to coordinate government efforts in these sectors. Potential investors should note that Rwanda is subject to Section 1502 of the U.S. Dodd-Frank Wall Street Reform and Consumer Protection Act, which includes the 3Ts and gold.
Minerals Sector Profile
2014 | 2015 | 2016 | 2017 | 2018 | |
Total Local Production | n.a | n.a | n.a | n.a | n.a |
Total Exports | $210,283,513 | $147,936,651 | $166,733,414 | $375,208,304 | n.a |
Total Imports | N/A | N/A | N/A | n.a | n.a |
Imports from the US | N/A | N/A | N/A | n.a | n.a |
Total Market Size | n.a | n.a | n.a | n.a | n.a |
Exchange Rates | n.a. | n.a. | n.a. | N/A | N/A |
Note: The most important sub-codes are 2609 (Tin Ore), 2611 (Tungsten), 2614 (Titanium), 2615 (Nobium Tantalum), 7108 (gold). For codes description and other details, visit the website.
Leading Sub-Sectors
- Tin Ore
- Tungsten
- Nobium-Tantalum
- Gold
Opportunities
- Mineral exploration (Tin, Tungsten, Coltan, and Gemstones)
- Industrial mining equipment
- Targeting value-addition
- Partnerships with local mining companies
- Trade in minerals