Malawi to ban export of unprocessed minerals

Malawi’s new president, Peter Mutharika, has announced that no unprocessed mineral resources will be allowed to leave the country. The move is part of a broader strategy to stimulate industrial growth and maximize the value of Malawi’s natural resources. With abundant deposits of bauxite, uranium, and graphite, Malawi stands to earn an estimated $500 million annually by developing its mineral sector before exporting. The government is currently investing in key mining sites, including the rutile deposits in Kasiya, Lilongwe, and the…Continue reading with a subscriptionSubscribe for full access to every story.Subscribe - M85/monthAlready a subscriber? Sign in Advertisement ...