Tembo Nickel Corporation (“Tembo")

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Tembo Nickel Corporation (“Tembo”) is an operating company formed via the Framework Agreement (19 January 2021) between Kabanga Nickel Limited and the Government of Tanzania for development of the Kabanga nickel deposits in the Ngara District in the Northwest of Tanzania. Under the Framework Agreement terms, Tembo (owned 84% by Kabanga Nickel Limited and 16% by the Government of Tanzania) has been formally established for the mining, processing and refining of Class 1 nickel with cobalt and copper co-products. Tembo is the Swahili word for elephant and represents strength, community and longevity. Tembo Nickel aims to become a sustainable, inclusive and responsible company supplying critical battery minerals to the world.

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