Chilwa Minerals Ltd ( (AU:CHW) ) has provided an announcement.
Chilwa Minerals Limited has initiated the Mining Development Agreement (MDA) process with the Malawian government for its Chilwa Critical Minerals Project. This agreement aims to establish a fiscal and regulatory framework essential for the project’s development, providing stability and certainty for both the company and the government. The involvement of Mota Engil, a major shareholder with extensive experience in Malawi, is seen as a key factor in advancing the project. The company is currently working on upgrading its mineral resource estimates and conducting economic studies to support the MDA process, with hopes of significant progress in 2025.
More about Chilwa Minerals Ltd
Chilwa Minerals Limited is a company operating in the mining industry, focusing on the development of critical minerals projects. The company is engaged in the exploration and development of mineral resources, with a significant project located in southern Malawi. Chilwa’s market focus includes securing fiscal and regulatory frameworks to support its mining operations.
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