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New firm shows interest in Mrima Hills' Sh8.1 trillion mineral deposits

Mrima Hills in Kwale County. The hills is said to contain rich minerals. [FILE/Standard]

The Sh8.1 trillion (USD 62.1 billion) rare earth deposits at Mrima Hills, Kwale County, have once again attracted the interest of another investor seeking a slice of the project.

Mrima Hills Consortium, a London-based private company known for the development of rare earth assets, says it has Sh130 billion (USD 1 billion) ready to inject into the project.

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