Technical FAQs 4

Did Angola have a potential?

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.

Is Namibe a good project for Angola?

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?

Who owns angolitio & Tyranna Resources?

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.

Will Namibe be a significant economic driver for Angola?

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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