Corporate Strategy

Baobab aims to discover and develop quality mineral deposits within Mozambique which the Directors believe will have potential to deliver shareholder value. Targeted commodities include iron ore, base and precious metals.

Corporate objectives include the advancement of the Tete magnetite/ilmenite and Mundonguara copper/gold projects towards BFS and beyond. Concurrently the Company is rapidly assessing its portfolio of brownfields and greenfields prospects to ensure a pipeline of medium to longer term resource development projects and mining possibilities.

Where appropriate, the Company will seek to develop strategic alliances with suitably qualified partners to ensure maximum realization of the mineral wealth within its portfolio.

Fundamental to the Company’s strategy is its commitment to incorporate sustainable development practice and initiatives in all aspects of its operations in line with internationally accepted environmental and social guidelines.