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Malawi watchdog demands mining authority revoke rare earth license due to undervaluation.
Malawi’s CDEDI demands the Mining and Minerals Regulatory Authority either upgrade or revoke the medium-scale rare earth mining licence at Kangankunde, citing concerns over undervaluation and potential elite capture.
The watchdog argues the Australian firm Lindian Resources Ltd's license is disproportionate for the site's global significance.
As of April 28, neither the MMRA nor the company had responded.
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El perro guardián de Malawi exige que la autoridad minera revoque la licencia de tierras raras debido a la subvaluación.