Despite short-term graphite price fluctuations continued electric vehicle uptake will drive graphite demand growth creating the need for increased global graphite production, therefore ASX-listed Sovereign Metals’ Malingunde saprolite-hosted graphite project in Malawi has my attention this week.
“With demand for rare earth magnets accelerating, it is imperative that we find viable economic solutions to reclaim end of life magnets."
ASX-listed Lotus Resources has received binding commitments to raise $5 million for the restart of the Kayelekera uranium mine in Malawi.
An all-inclusive approach is what is needed to curb illegal sourcing and trafficking of mineral resources in Africa’s Great Lakes region.
The project is primarily intended to protect the Blanket gold mine from any further deterioration in the electricity supply situation.
This is the second disbursement under the RCF that brings total IMF COVID-19 emergency support to Malawi to US$193 million.
Mkango Resources has announced the presence of rutile and ilmenite at its Mchinji project in Malawi.
Altona Energy has appointed two highly experienced consultants as it progresses its African rare earths strategy.