Mineral Resources
Available Mineral Resources
Malawi hopes to increase the mineral sector’s contribution to GDP from less than one percent to up to ten percent by 2063.
Potential exploration targets include rare earths minerals, gold, uranium, platinum group of minerals, nickel and copper base metals, dimension stone, phosphates, heavy mineral sands, graphite, coal, niobium, tantalum, bauxite, cement, rubies, chromium, lead, zinc, phosphate, potassium, and hydrocarbons.
Incentives
Malawi could be a good jurisdiction for mining investors:
Untapped Potential– Malawi is still underexplored with abundant untapped mineral resources.
Nevertheless, other minerals are still being discovered even now, suggesting more lie hidden. This presents opportunities for first mover investors.
Favourable Geology– From rare earths to graphite to uranium in large deposits, Malawi’s geology suggests a high potential for mineralisation.
Supportive Government– The goal of Malawi’s government is to draw in mining investment by implementing open and welcoming policies. Offers of incentives and competitive terms are made.
Strategic Location– Malawi, a landlocked country, has convenient access to ports in eastern and southern Africa.
It offers a reliable foundation for entering markets for resource demand.
Partnership Opportunities– Major companies are partnering in Malawi, providing technical expertise to develop projects.
This lowers the risks of investing.