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Songwe Hill & Kangankunde Rare Earth Projects

Sector: Mining • Location: Malawi

Source: Discovery Alert

Project
Development Stage With Funding Approved

The Songwe Hill and Kangankunde projects in Malawi have an initial capacity of 15,300 tons concentrate annually with expansion potential to 50,000 tons. The projects have a 45-year mine life projection and have received $4.6 million approved funding from the U.S. Development Finance Corporation (DFC) with potential for $100 million.

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Project Information

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The project “Songwe Hill & Kangankunde Rare Earth Projects” is an infrastructure initiative in the Mining sector, located in Malawi. Taiyo aggregates data on it from Discovery Alert.

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Participants

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Status

Original status

development stage with funding approved

Taiyo status

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Description

Description

The Songwe Hill and Kangankunde projects in Malawi have an initial capacity of 15,300 tons concentrate annually with expansion potential to 50,000 tons. The projects have a 45-year mine life projection and have received $4.6 million approved funding from the U.S. Development Finance Corporation (DFC) with potential for $100 million.

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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