Baobab Resources plc (Baobab) is a United Kingdom-based company. The Company is engaged in the investigation and analysis of geological opportunities in Mozambique. The Company�s projects include Tete pig iron and ferro-vanadium project, Muande magnetite/phosphate joint venture, Mundonguara Copper/ Nickel/Gold project and Changara based metal and manganese project. The project is located in the Tete province of Mozambique, a country richly endowed with both mineral and gas resources. The Monte Muande magnetite/phosphate deposit is located 25 kilometers to the northwest of the provincial capital of Tete. The Changara project consists of four exploration licences covering an area of 525 square kilometers located approximately 100 kilometers southwest of the Provincial capital of Tete and flanking Zimbabwe�s north-eastern border.