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Malawi
Chakwera bets on rare earth boom to fix country's financial woes

Malawian President Lazarus Chakwera.
Malawian President Lazarus Chakwera. © Laurent Gillieron/EPA/MaxPPP
Amid an increasingly tense economic situation, President Lazarus Chakwera has welcomed progress made by the Canadian firm Mkango Resources on its rare earths project in Malawi. The head of state had promised to revive the country's mining industry by 2025 after a period of no large-scale production since 2014. [...]
Published on 18.07.2022 at 05:00 GMT Reading time 2 minutes
Mining

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Further reading

In Focus | Africa
Botswana and Tanzania lead African charge to cash in on growing uranium fever

Germany may be phasing out nuclear power but demand for uranium in the rest of Europe and Asia is set to increase, as industrialised nations scramble for sources of decarbonised electricity. In Africa, countries such as Tanzania and Botswana are trying to take advantage of the trend to get their uranium production off the ground and join Namibia and Niger in the select group of African countries that produce yelllowcake.

LogoSubscribers only Mining 13.12.2021
The Rössing uranium mine in Namibia.

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