Kazera Secures Mining Right for Sea Concession 2A
Kazera Global has been granted a mining right over the Sea Concession 2A in South Africa's Northern Cape by the Department of Mineral Resources and Energy. The concession, covering approximately 3,095 hectares, allows exclusive rights to mine heavy minerals such as garnet, monazite, zirconium, rutile, titanium dioxide-rich leucoxene, among others. This milestone is a key development for Kazera and its strategic partner South Africa AT Investments (SAI), with SAI set to pay $1.75 million upon formal execution of the right. Commercial production at Sea Concession 2A is expected in Q1 2027, with an anticipated increase to 10,000 tonnes per month by mid-2027. Equipment for construction has already begun arriving from China as part of a collaboration between SAI and Xiamen Antai Zirconium. A technical report estimates the concession contains approximately 1.31 million tonnes of economic heavy minerals with an in-situ value of $369.3 million, while additional resources are expected to be explored.
Topics: heavy mineral sands Kazera Global mining rights South Africa