Burundi has declared an end to a more than three-year political crisis and is seeking to attract investment to the landlocked nation.
Burundi Mining News
The Gakara mine holds some high-grade rare earth elements, some of which are expected to become essential for the manufacturing of batteries, magnets and electric vehicles.
Total in-situ are earth oxides are estimated to be in the range of 47 to 67%.
Gakara mine, which operated for 30 years until 1978, is expected to restart commercial production in the fourth quarter of the year.
Rainbow Rare Earths plans to restart the Gakara mine, which operated for 30 years until 1978, and that still holds high grade of the coveted elements.