Trinity Metals to receive US $3.8M grant for ESG projects in Rwanda

Trinity Metals is set to receive a sum of US $3.8M designated to advance various environmental, social, and governance (ESG) initiatives across Trinity’s mining operations in Rwanda.

The funds which will be under technical assistance grant will be issued by the US International Development Finance Corporation (DFC). It will specifically support several key project such as Baseline Environmental and Social Impact Assessments which are crucial for understanding and mitigating the environmental and social impacts of mining activities.

The funds will be invested in skills development that will enhance the capabilities of the workforce involved in Trinity’s mining operations. It will also support the implementation of an International Standard SHEC Management System. This system focuses on Safety, Health, Environment, and Community (SHEC) management, aiming to adhere to rigorous international standards in these critical areas.

Transforming Rwanda’s mining industry

The Rwanda Mines Petroleum and Gas Board CEO, Francis Kamanzi, emphasized the significance of international partnerships in advancing Rwanda’s mining sector. The DFC’s investment underscores a commitment to transforming the mining industry in Rwanda, promoting productivity and profitability while aligning with global standards.

Trinity Metals Group, operating Africa’s largest tungsten mine (Nyakabingo) and Rwanda’s largest and second-largest tin mines (Rutongo and Musha), expressed gratitude for the recognition and support from the US DFC. They highlighted their role as a leader in producing conflict-free and child labor-free critical minerals in Rwanda.

The DFC’s Managing Director for technical assistance, David Hester, highlighted the project’s alignment with DFC’s goals of promoting diverse, resilient, and sustainable critical mineral supply chains in Africa, ultimately bolstering economic development in the region.