Sinowin Lithium Advances Mozambique Titanium Project with Corridor North Drilling

• Sinowin funds drilling at Corridor North to support mining licence
• Over US$2 million invested in Corridor Central and South projects
• 2027 targeted start for initial production with ramp-up to 800,000 tpa
• Nearby Port of Chongoene offers low-cost export infrastructure
• Corridor North JV entry contingent on production milestones

Sinowin Commits to Corridor North Drilling

Sinowin Lithium, the Chinese joint venture partner of MRG Metals Limited (ASX:MRQ), has pledged to fund an exploration drilling program at the Corridor North Titanium Dioxide Project in Mozambique. This move extends Sinowin’s financial commitment beyond the already substantial 2 billion tonne Corridor Central and Corridor South deposits, underscoring confidence in the entire Corridor Sands mineral corridor.

The drilling at Corridor North aims to expand known heavy mineral sands mineralisation and generate the geological data necessary to support a mining licence application. Under the terms of the joint venture agreement, Corridor North will formally join the JV after achieving a Stage 1 Milestone, defined as steady-state concentrate production of 110,000 tonnes per annum. Until then, the JV remains responsible for maintaining the licence through required exploration expenditures.

Progress on Corridor Central and South Targets 2027 Production

Sinowin has already invested more than US$2 million in the Corridor Central and Corridor South projects, which together hold a JORC-compliant resource of approximately 2 billion tonnes. The JV partner secured Environmental and Social Impact Assessment (ESIA) approval for Corridor Central in March 2026, a critical regulatory step toward the planned 2027 start of initial production. The Resettlement Action Plan (RAP) is expected to be completed by June 2026, further clearing the path for construction and development.

This progress aligns with Sinowin’s production targets, which envisage a first-year output of 130,000 to 160,000 tonnes per annum of heavy mineral concentrate, ramping up to 800,000 tonnes per annum within five years. The scale of this ramp-up highlights the project’s ambition to become a significant global supplier of titanium dioxide feedstock. These milestones are supported by the project's proximity to key infrastructure, including sealed roads, grid power, and the nearby Port of Chongoene.

Infrastructure and Export Pathways

The Port of Chongoene, located about 20 kilometres from Corridor Central, is nearing operational readiness. Financed and constructed at a cost of approximately US$300 million by Ding Sheng, the port serves the Corridor One deposit immediately north of Corridor North, offering a low-cost, efficient export route for heavy mineral concentrate. This infrastructure advantage mitigates some logistical risks often associated with large-scale mineral projects in Mozambique.

MRG Metals’ Strategic Position and Partnership

MRG Metals remains free-carried through the development phase, benefiting from Sinowin’s full funding of capital and operational costs. Chairman Andrew Van Der Zwan emphasised that Sinowin’s continued investment ahead of formal JV entry at Corridor North reinforces the partnership’s strength across the entire corridor. The company’s strategy leverages Sinowin’s financial muscle and local expertise to accelerate development while preserving MRG’s exposure to upside.

Sinowin’s commitment to Corridor North drilling dovetails with the recent submission of the full ESIA for Corridor Central, which was classified as Category A+ under Mozambican law, marking a significant regulatory milestone on the road to production. This regulatory progress, coupled with the JV partner’s funding and infrastructure support, positions the Corridor Sands project as a potential heavyweight in the titanium dioxide supply chain. full ESIA submitted

Looking ahead, the success of drilling at Corridor North and timely mining licence approvals will be crucial to maintaining the project’s development timetable. The JV’s ability to meet production milestones and capitalise on existing infrastructure will determine how quickly the ramp-up to 800,000 tonnes per annum can be realised.

Bottom Line?

Sinowin’s drilling commitment at Corridor North signals deepening JV confidence, but delivering on production milestones and licences remains pivotal.

Questions in the middle?

• Will drilling at Corridor North confirm mineralisation sufficient to meet mining licence requirements?
• How will the timing of the Resettlement Action Plan impact the 2027 production target?
• Can the Port of Chongoene scale operations smoothly to handle ramped-up exports?