AGP Executive Report
Last update: 7 hours agoMadagascar Mining & Critical Minerals: Evion Group says Madagascar’s Ministry of Mines has granted mining permits for its Maniry graphite project, converting remaining exploration licences into mining tenure and clearing the way for financing, offtake talks, a final investment decision and construction. US–Africa Critical Minerals Policy: A new U.S. Defense directive tightens oversight of critical mineral supply chains and pushes defense contractors toward domestic and partner-nation sourcing, raising the strategic importance of African producers of minerals including graphite, lithium and rare earths. Rare Earths Project Finance: Harena Rare Earths signed a project development funding agreement with the U.S. International Development Finance Corporation for up to $4.84m toward its Ampasindava ionic clay rare earths project in Madagascar, including permitting and a proof-of-concept pilot plant. Energy & Industry Context: Madagascar reimposes a nationwide energy emergency, underscoring ongoing pressure on power reliability for industry and production.
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