Kazera Global Attracts Investor Interest in Namibia Tantalum and Lithium Project Amid Strategic Development Review
Aim-listed Kazera Global says it is seeing increasing interest from potential partners in the development of its African Tantalum (Aftan) project in southern Namibia, as it evaluates strategic options for advancing the critical minerals asset.
The company reports that it has received multiple expressions of interest from parties with expertise in critical minerals exploration, mine development, downstream processing of tantalum and lithium, and supply chain integration.
Discussions are ongoing as Kazera assesses potential development pathways for the project.
Kazera said it is considering options that balance long-term project development with local economic benefits, technical feasibility, and Namibia’s growing role as a supplier of responsibly sourced critical minerals.
Focus on Lower-Water Processing Methods
Recent technical assessments conducted by the company indicate that dry beneficiation techniques may be applicable to the Aftan project.
These methods could significantly reduce water consumption, a key operational advantage in Namibia’s arid environment, while potentially improving project economics.
According to the company, early-stage analysis suggests that low-water or dry separation processing routes may offer a more capital-efficient development pathway compared with conventional methods.
Kazera also noted that the licence area contains multiple mineralised pegmatites, with relatively limited modern drilling and resource estimation completed to date. Of at least 13 known pegmatite bodies, only a small number have been systematically explored using modern techniques.
Exploration Upside and Phased Development Potential
The company highlighted potential district-scale exploration upside, with additional pegmatite targets identified across the licence area.
It also outlined the possibility of a phased development approach combining both tantalum and lithium production opportunities.
Kazera said its ongoing strategic review of the asset base is focused on identifying technically capable and financially strong partners to help advance the project while minimizing dilution or additional capital requirements for shareholders.
Non-executive director Paul Dulieu said the company’s recent technical work has strengthened confidence in the project’s long-term potential.
He noted that improved understanding of processing options, particularly dry beneficiation routes, could support a more capital-efficient development strategy over time.
He also confirmed that investor interest in the project continues to grow as the company evaluates potential partnerships.
Kazera said its priority remains identifying a long-term strategy that creates shareholder value while supporting job creation and broader economic development in Namibia.
Legal and Arbitration Update
Separately, Kazera continues to pursue legal proceedings related to a previously announced arbitration case involving construction contractor Hebei Xinjian Construction.
The arbitration tribunal found that Hebei had breached contractual obligations under an agreement related to the Aftan project.
As part of the original transaction structure, Kazera retained legal title to shares in the project as security pending full payment.
The arbitration ruling was final and binding. However, Hebei has since initiated legal proceedings in Namibia seeking a review of procedural aspects of the arbitration process, rather than challenging the substantive findings.
Kazera says it remains confident in its legal position and is acting on legal advice as it seeks to protect its interests while the matter proceeds through the courts.
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