Tanzania Uranium Project | JamiiForums | The Home of Great Thinkers

# Tanzania Uranium Project

Discussion in 'Major Projects in Tanzania' started by hekaheka, Apr 11, 2011.

1. ### hekahekaMember

#1
Apr 11, 2011
Joined: Jan 24, 2011
Messages: 8
Trophy Points: 3
The East African: *- Business*|Russian firm back in Tanzania uranium project

Note From the story:

• Capital cost for construction of the mining plant including all associated infrastructure stands at \$298 million.

• Mr Ngeleja said that the pre-feasibility study in March 2010, indicated that, once developed, the mine would produce 1,650 tonnes of uranium oxide a year, thus overtaking the USwhich produced 1,560 tonnes in 2009to become the eighth largest producer in the world.

• The government expects about \$630 million in royalties, income and employee taxes directly from the project based on the 15 year estimated life of the mine.

Brief Analysis:

• [FONT=&quot]World Uranium Price staggers at is \$60 per Pound. [/FONT]

• [FONT=&quot]1Ton = 2,240Pounds, 1,650Tonnes is equivalent to (1650*2240)= 3,696,000Pounds. This is equivalent to (3,696,000Lbs*\$60 = \$221.76 million) PER YEAR.[/FONT]

• [FONT=&quot]Assume the Loan Pay back to the tune of \$[/FONT][FONT=&quot]38,427,879.01[/FONT][FONT=&quot]M[/FONT][FONT=&quot] per Year (payback period of 15yrs and interest rate of 10%), and a production cost (\$8*3,696,000Lbs = \$29.568M) the profit is (221.76m  38.428m - 29.568m) = \$153.764m.[/FONT]

• [FONT=&quot]Government will expect \$630m over 15Yrs, which is equivalent to \$42m per Year (About 27%). [/FONT]

[FONT=&quot]
[/FONT]Sasa ambacho kinanitia utata ni kifuatacho;

• Hivi ni kweli tunashindwa ku-bargain better rates than these?
• Hivi kwa hesabu ndogo za kawaida; Corporate Tax pekee si 30% ya profit achilia mbali royalty ambayo ni 4%? Mbona 27% ndo pato letu ambalo tayari ni dogo kuliko tax na mrahaba?
• Hivi ni Kweli waziri na watendaji wake hawakufanya Homework yao kabla ya kuja public, au ni sisi wasomaji hatujafanya homework yetu sawasawa?
• Hivi ni kweli serikali yetu inauza rasilimali zetu kwa uwekezaji mdogo namna hii wa \$298m?
• Hivi ni kweli kiasi hiki hakiwezi kupatikana kwenye mabenzi iwapo serikali itatoa guarantee kwa wazawa na pesa hiyo kurudi kwenye mabenki yetu?
• Na hivi uwekezaji huu huwa na mfumo wa kushindanisha offers za "investaz" kupitia "michakato ya tender"?
[FONT=&quot]Naomba wana jamii mnisaidie kuelewa hii lugha, kwa maana kiingereza ni kigumu saa nyingine.[/FONT]

2. ### barafuyamotoJF-Expert Member

#2
Mar 31, 2016
Joined: Jul 26, 2014
Messages: 21,449