Latest Madagascar News

AKORA Resources has completed a significant trenching program at its Bekisopa iron ore project in Madagascar and submitted a mining permit application under a revitalised regulatory framework, gaining strong government backing.

Evion Group gains momentum as the US-Africa Strategic Infrastructure and Investment Working Group fosters trade, Madagascar accelerates mining permits, and Indian graphite operations deliver strong sales.

Energy Fuels Inc. has announced a proposed acquisition of Australian Strategic Materials (ASM) valued at approximately A$447 million, aiming to establish a leading Western rare earths and critical minerals producer with a fully integrated supply chain.

Cassius Mining Limited has raised $1.16 million through a share placement to fund its Soalara project in Madagascar and support ongoing litigation in Ghana.

AKORA Resources has secured strong endorsement from Madagascar’s new government to upgrade its Bekisopa iron ore project licence from exploration to mining, paving the way for project advancement and investment.

International Graphite Limited projects robust financial returns from its new expandable graphite facility joint venture in Germany, targeting production start in mid-2027 with rapid payback and low capital costs.

Evion Group has landed a significant A$1.5 million order to supply expandable graphite to a major US graphite supply chain company, reinforcing its position as a trusted non-Chinese supplier amid growing demand.

AKORA Resources has taken a pivotal step by submitting its application to convert the Bekisopa Iron Ore Project’s exploration licence into a mining licence, leveraging recent political reforms in Madagascar to unlock development and investment opportunities.

Greenwing Resources advances its polymetallic Que River project with a positive scoping study, while monetising assets in Madagascar and maintaining a strong lithium resource in Argentina.

Evion Group advances its Maniry Graphite Project in Madagascar and expandable graphite JV in India, backed by a strategic US investor and EU recognition. The company is poised to expand production and supply critical minerals to key global markets amid rising demand.

Cassius Mining Limited reports steady progress on its Soalara Limestone Project joint venture discussions and updates on its international arbitration case against Ghana, while raising $250,000 through share and convertible note issuances.

Greenwing Resources has launched a Stage 2 Scoping Study to explore restarting and expanding its Graphmada Graphite Mine in Madagascar, aiming to meet rising global demand and strategic supply challenges.