It is very exciting to be part of such an emblematic project for Angola. This project will indeed be a significant driver of the economy in the Namibe province in terms of investment and opportunities for local employment. What do you hope to achieve in 2024?
Tyranna Resources is a mining exploration company, which owns Angolitio as a subsidiary. How did you identify the potential that the Namibe province has in terms of lithium resources? Peter SPITALNY: In the last years of the 2010s, the market’s general attention was on the more traditional metal commodities, such as gold, copper and nickel.
After some research, we came to the conclusion that the southern part of Angola, specifically near the town of Namibe, had huge potential. It had a known pegmatite field; it had known lithium minerals; and it had almost no work done. Angola, in general, is like that in terms of minerals: pick a mineral or a commodity, and you will find it here.
It is very exciting to be part of such an emblematic project for Angola. This project will be a significant economic driver for Namibe. Angola has a huge potential for any commodity you can think of. It’s a sleeping giant just waiting to be awakened.
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