The company has already committed $4m expenditure on land, buildings, equipment, commissioning, training and licences. Refining Unit 1 is commissioned and will reach full production levels by the end of July 2025. An additional unit will become fully operational every two months thereafter so that by March 2026 production will be 21,000 ounces per month.
The company is making plans to list its shares on the Dar es Salaam Stock Exchange in August 2026. Holders of the Convertible Preference shares will have the right to convert their shares to ordinary shares when the company lists.
To find out more, please get in touch
Contact: enquiries@katororefinery.com