2509: Harena Rare Earths: Ampasindava exploitation permit granted!

Harena is now one of few US-backed, permitted ionic clay rare earth projects globally, moving toward production within 24 months.

• Permit granted: Harena Rare Earths received Madagascar's exploitation (mining) permit for its Ampasindava ionic clay rare earths project — the first such permit issued since a years-long mining moratorium ended under the prior government.
• US government backing: The project is funded via a completed August transaction with the US DFC (Development Finance Corporation), against which Harena is already drawing money for project workstreams.

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