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.
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.