Tanzania China International Mineral Resources Ltd (TCIMRL) will invest USD 1.8bn at Liganga for establishment of iron ore mine and Iron and steel Complex to produce 1.0m t per year of iron and steel products, vanadium pentoxide and titanium dioxide. The Liganga project is
Mining claims were then opened up to individuals, which sparked the small scale mining industry of Tanzania. In the 1990s, the laws were further relaxed to encourage the introduction of companies who would export the mining products, and investment by international mining companies which opened up large scale mining operations.
On 1 July 1965 the Chinese Government made a firm offer of tied aid to the Governments of Tanzania and Zambia, worth 163;75 million and 163;150 million to enable them to build the railway line. On September 6, 1967, an agreement was signed in Beijing by the three nations.