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GRANT AWARDUpdated today

Lancaster exploration limited: Completion of feed work and optimization studies for a light rare earth mine project in Malawi to prepare the project for a DFC debt investment.

U.S. International Development Finance Corporation awarded a grant of USD 4,600,000 to LANCASTER EXPLORATION LIMITED for work in Malawi, dated 26 September 2025.

French, Portuguese or Arabic, machine translated, with the original kept beside it.
Key Information
Awarded by
U.S. International Development Finance Corporation
Location
Malawi
Status
Awarded
Category
Grant
Award Amount
USD 4,600,000
Reference
USA-ASST_NON_9100000133_077
Procurement Method
Grant
Language
English
Awarded to
LANCASTER EXPLORATION LIMITED
Decision Date
Sep 26, 2025
Contract Start
Sep 26, 2025
Contract End
Apr 30, 2027

Overview

Award type as USAspending states it: PROJECT GRANT (B).

Programme: 87.101 PROJECT DEVELOPMENT

Source: USAspending.gov (U.S. Department of the Treasury), published under public domain, a work of the United States Government (17 U.S.C. 105) (https://www.law.cornell.edu/uscode/text/17/105). Read from https://api.usaspending.gov/api/v2/search/spending_by_award/ (FY2025, page 1). Reshaped by All Business Africa into this record; amounts and currency are as the funder states them.

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