AGP Executive Report
Last update: 2 hours agoRare Earths Finance: The US International Development Finance Corporation (DFC) will provide project development funding for Harena Rare Earths’ Ampasindava ionic clay rare earth project in Madagascar, its first mining investment in the country, to support studies, permitting and a proof-of-concept pilot plant. Land & Sovereignty: Madagascar’s High Constitutional Court has validated a law letting the state reclaim colonial-era land still registered under foreign settlers’ names, using the June 26, 1960 independence cut-off, with exemptions for diplomatic properties and certain already-transferred Malagasy holdings. Energy Supply: Jirama will use diesel from the China-bound tanker Sunda 1 when it docks in Toamasina, as Madagascar works to keep power plants running. Regional Trade Facilitation: SADC is pushing to simplify border procedures under its Simplified Trade Regime, with Madagascar among member states, aiming to cut costs and ease informal cross-border commerce. Critical Minerals Geopolitics: US rare-earth and magnet supply-chain moves are putting Madagascar’s rare earths on the frontline of US-China competition, even as Washington scales up financing and partnerships elsewhere.
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