Brind.
  1. India, the US, and China are cooperating on critical minerals and rare earths supply chains to reduce vulnerability to Chinese dominance.
  2. The U.S. is backing critical mineral projects in Madagascar as it seeks to diversify supply chains away from China's dominance.

Harena Rare Earths secures funding and permits for Madagascar project

2 reports, 2 independent Updated Sat 00:00
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New informationRepeats or wire copies

AI-generated briefing. Brind wrote this from the reports listed below and has updated it as the story developed. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.

What happened

Some supportReported by 2 outlets

Harena Rare Earths secured an Exploitation Permit from Madagascar's Ministry of Mines for the Ampasindava project. The company also received a Project Development Funding Agreement of up to $4.84 million from the U.S. International Development Finance Corporation to fund studies and pilot-plant development.

From wnd.com, investegate.co.uk

Why it matters

Some supportBrind's analysis of the reports

The project supports the U.S. effort to diversify critical mineral supply chains away from China's dominance. However, reports note that China controls over 91% of global rare-earth refining and nearly 94% of permanent-magnet production, meaning diversification of extraction does not change who controls the processing.

The U.S. is backing critical mineral projects in Madagascar as it seeks to diversify supply chains away from China's dominance.

From wnd.com

Who's involved

  • MadagascarHost country for the Ampasindava rare earth project
  • ChinaControls the majority of global rare-earth refining and magnet production
  • EuropeTarget market for Harena's rare earth offtake agreements

Who could feel it

Possible knock-on effects

These are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.

  • ChinaSpeculative

    China might see its downstream refining market share challenged by non-Chinese sources.

  • EuropeSpeculative

    Europe might see rare earth supply costs change as Harena pursues offtake agreements.

How it developed

Newest first. Tap a step to see who reported it.
  1. Harena is pursuing offtake agreements for its rare earth project in Europe.1 source
  2. Harena Rare Earths is developing a rare earth project in Madagascar.1 source

Keep exploring

Part of

The U.S. is backing critical mineral projects in Madagascar as it seeks to diversify supply chains away from China's dominance. All 2 developments

Within India, the US, and China are cooperating on critical minerals and rare earths supply chains to reduce vulnerability to Chinese dominance.

The entities involved

Coverage

Newest first; wire copies grouped