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Country: Malawi

Huaxin Cement Launches Us$100M Integrated Plant in Malawi

Wedoany.com Report-Dec.6, A new US$100 million integrated cement plant has officially opened in Bala...

Lotus Resources Raises $42M to Support Malawi and Botswana Uranium Projects

Wedoany.com Report-Sept. 9, Lotus Resources has successfully completed a placement to raise about A$65 million (USD 42 million) in support of its uranium projects in Africa. The funding will provide w...

Lindian Secures $59M Commitments for Kangankunde Rare Earths Project in Malawi

Wedoany.com Report-Aug. 22, Lindian Resources has successfully completed a two-tranche placement, raising A$91.5 million ($59.2 million) from institutional investors to advance the development of the ...

Sovereign Signs Mou With Escom as World Bank Approves Funds for Major Malawi Hydropower Project

Wedoany.com Report-May 22, Sovereign Metals Limited has signed a non-binding Memorandum of Understanding (MOU) with the Electricity Supply Corporation of Malawi (ESCOM) to secure grid power for its Ka...

World Bank Approves $350 Million Grant for Malawi Hydropower Project

Wedoany.com Report-May 19, On Thursday, the World Bank’s board of directors approved a $350 million grant to fund the Mpatamanga Hydropower Storage Project in Malawi. This initiative aims to sig...

Chilwa Minerals Begins Negotiations With Malawi for Critical Minerals Project

Wedoany.com Report-May 7, Chilwa Minerals, an Australian exploration company, has initiated discussions with the Malawian Government to establish a Mining Development Agreement (MDA) for the Chilwa Cr...

Lindian Resources Begins Site Works at Rare Earths Project in Malawi

Wedoany.com Report-Apr. 14, Lindian Resources, an Australia-based company, has begun early-stage site activities at the Kangankunde rare earths project in Malawi. The site is recognized as a globally ...

Sovereign Metals Raises $25.2m for Kasiya Graphite Project in Malawi

Wedoany.com Report-Mar 28, Sovereign Metals has completed the placement of new shares to raise A$40m ($25.2m) to fund its Kasiya Rutile-Graphite project in Malawi, East Africa. The funding will suppor...