# NeoTerra mining expansion in Mozambique

> Developing situation record from CLSTR: https://clstr.news/situations/neoterra-mining-expansion-in-mozambique
> Updated: 2026-10-27T07:20:29.000Z. Sources: 3. Developments: 2.

British mining company NeoTerra Group is expanding its operations at the Monte Muambe site in Mozambique’s Tete province, focusing on fluorspar, rare earths, and gallium. 

In late September 2026, the company applied for a $5 million grant from the US-Africa Strategic Investment Program to fund drilling aimed at increasing calcium fluoride resources. The proposal also includes feasibility studies for a hydrofluoric acid production facility to add industrial value to the extraction process. 

By late October 2026, NeoTerra increased its stake in the project from 51% to 70% following the completion of a third phase of a farm-out investment agreement. This move, which follows previous support from the United States Trade and Development Agency (USTDA), secures a 25-year mining licence for the extraction of fluorite and rare earths.

## Timeline

### 2026-10-27: NeoTerra increases stake in Mozambique rare earths project to 70%

NeoTerra has raised its stake in Mozambique’s Monte Muambe project to 70%, securing a 25-year mining licence for rare earths, fluorite, and gallium.

3 sources. https://clstr.news/cluster/neoterra-increases-stake-in-mozambique-rare-earths-project-to-70

### 2026-09-29: NeoTerra Group seeks $5M U.S. grant for Mozambique fluorspar expansion

NeoTerra Group is seeking a $5 million U.S. grant to expand its fluorspar project in Mozambique, aiming to increase mineral resources and potentially establish local hydrofluoric acid production.

3 sources. https://clstr.news/cluster/monte-muambe-project-expands-to-include-strategic-fluorspar-mining

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Cite as: NeoTerra mining expansion in Mozambique. CLSTR, https://clstr.news/situations/neoterra-mining-expansion-in-mozambique