Tanzania Has Potential to Become Key Supplier of Low-Cost Lithium Iron Phosphate (LFP) Batteries and Generate US$ 10–15 billion in Revenues Annually

Tanzania, with its rich mineral resources, has the potential to become a key supplier of low-cost lithium iron phosphate (LFP) batteries by 2030. If realized, this opportunity could generate annual revenues of US$ 10–15 billion and create approximately 22,000–25,000 jobs by 2030, rivaling global manufacturers like China, Indonesia, Europe, and the US.