AGP Executive Report
Last update: 6 hours agoGraphite & critical minerals: NextSource Materials says its updated feasibility study for the Molo graphite mine in southern Madagascar lowers returns and raises costs, while extending mine life to 37 years; the staged Phase 2 plan targets 150,000 tonnes/year of flake graphite concentrate and points to EV-battery demand. Rare earths financing: Harena Rare Earths signed a Project Development Funding Agreement with the US International Development Finance Corporation for up to $4.84m toward the Ampasindava project in Madagascar, covering permitting, environmental and social studies, and a proof-of-concept pilot plant. Cement capacity boost: Mozambique’s Cimentos de Moçambique tripled output at its Nacala cement factory to 1.2m tonnes/year in a $110m investment, with exports reaching Madagascar—an indirect signal for regional construction materials supply. Industry-tech spillover: A UN-Habitat-backed Minecraft planning approach is being used in waterfronts in Madagascar, showing how digital tools are moving into local infrastructure and public-space design. Policy & services: The US Department of State will consolidate routine visa processing across Africa into regional hubs from Aug. 1, 2026, including Antananarivo among posts affected.
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