The International Development Finance Corporation (DFC) grant will facilitate integrated development planning for all mining concessions and planning for the rehabilitation of legacy tailings and rivers. Credit: TRINITY METALS.

Trinity Metals has received a technical assistance grant of $3.8m from the US DFC.

The funding will be allocated to environmental and social governance (ESG) projects across Trinity’s mining operations in Rwanda.

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more

Trinity Metals said the DFC’s grant will support a range of ESG initiatives including baseline environmental and social impact assessments, employee skills development and the implementation of an international standard SHEC Management System.

Rwanda Mines Petroleum and Gas Board CEO Francis Kamanzi said: “The US DFC’s $3.865m investment in Trinity Metals Group underscores the significant role of local and international partnerships in advancing the development of Rwanda’s mining sector.

“This aligns with our commitment to transforming the mining industry into a more productive and profitable sector on a larger scale.”

See Also:

Established in May 2022, Trinity Metals operates Africa’s largest tungsten mine, Nyakabingo, as well as Rwanda’s largest and second-largest tin mines, Rutongo and Musha, respectively.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Additionally, the DFC funding will facilitate integrated development planning for all mining concessions and planning for the rehabilitation of legacy tailings and rivers.

Trinity Metals chairman Shawn McCormick said: “As Rwanda’s largest producer of conflict-free and child labour-free critical minerals, it is a distinct honour to be recognised by the US DFC with this technical assistance grant. 

“The funding and American partnership will significantly expand our ability to operate at global industry standards as we work with Rwanda to bring its abundant resources to international markets in a safe and responsible manner.”

DFC technical assistance managing director David Hester said: “DFC is pleased to support such an impactful project that aligns with our priority of building more diverse, resilient and sustainable critical mineral supply chains and bolstering economic development in Africa.”