Balaka Rare Earth Project Gets K120 Billion Boost, Positioning Malawi For Global Critical Minerals Breakthrough

Balaka is fast emerging as a strategic industrial hub after Lindian Resources Limited secured a massive $100 million (about K120.8 billion) financing package to fully fund the development of the Kangankunde Rare Earths Project—marking one of the most significant mining investments in Malawi’s modern economic history. The funding, raised through the sale of 133.33 million […]

The post Balaka Rare Earth Project Gets K120 Billion Boost, Positioning Malawi For Global Critical Minerals Breakthrough appeared first on Malawi Nyasa Times – News from Malawi about Malawi.

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