According to Reuters, Rwanda-based Trinity Metals is considering a U.S. initial public offering to raise between $100 million and $200 million, CEO Peter Geleta said during the African CEO Summit in Kigali. The company targets listing on the New York Stock Exchange within 12 to 18 months. Geleta stated: “We have decided to go public. Given liquidity conditions and the growing demand for critical minerals, New York is our preferred choice.” Trinity Metals has doubled its production and aims to further expand tin and tungsten output through the capital raised.
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