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.
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.”
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.
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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.”
