One of Africa’s most prominent mining billionaires is facing another major legal test over graphite in Tanzania, where a long-running dispute over confidential business information, rival mining interests and a $195 million damages claim has taken a fresh turn in court.
Business Insider Africa has closely followed the legal back-and-forth in the case and has now confirmed that South African billionaire Patrice Motsepe has secured another court reprieve in a $195 million graphite dispute in Tanzania.
The High Court struck out a damages claim brought by US-based Pula Group over the alleged misuse of confidential information linked to a rival graphite project.
The ruling marks the latest development in a cross-border dispute that has run since 2019 and has drawn proceedings in both Tanzania and South Africa.
However, the Tanzanian court did not rule on the substance of Pula’s allegations. Instead, it removed the case from the court roll after finding that two companies central to the dispute had not been joined to the proceedings.
