Mozambique's new Mining Law reshapes the terms of foreign participation.
Signed into law by President Daniel Chapo on 3 June 2026, following parliamentary approval in May, the amended framework mandates a free-carried, non-dilutable 15% state stake through the national mining company (ENM) and bans the export of unprocessed minerals, part of a broader continental shift toward mineral sovereignty. For investors already deployed and those evaluating entry, understanding these dynamics is no longer optional; it is essential to structuring any viable mandate.
What it means for partnersNavigating the 15% ENM free-carry, the raw-export ban and beneficiation mandates, and the enabling-infrastructure gaps requires credible local counsel and stakeholder access, precisely the ground where Hive operates.