Upgrading the pre-feasibility study for the ampasindava rare earth project in madagascar to definitive and bankable feasibility study level
Active Project Grant Awarded
- Award ID
- 9100000252
- Recipient
-
Harena Rare Earths PLC UEI M2LWSMYXHNM9
- Awarding agency
- International Development Finance Corporation
- Obligated
- $4,841,110
Award facts
- Assistance listing
- 87.101 Project Development
- Completion date 16% complete
- Place of performance
- Madagascar
Award details come from USAspending.gov.
About this award
The International Development Finance Corporation awarded Harena Rare Earths PLC $4.841 million on July 21, 2026, under the Project Development program (CFDA 87.101) to upgrade the pre-feasibility study for the Ampasindava Rare Earth Project in Madagascar to definitive and bankable feasibility study level.
The recipient will deliver feasibility study work designed to prepare the project to attract private investment and support DFC debt financing, equity investment, or insurance products. Performance occurs in Madagascar, with a completion date of January 21, 2028. The Project Development program funds project identification, preparation, and diligence work selected by DFC and the client; Harena Rare Earths PLC was selected based on relevant expertise and experience to execute this work.
Quick answers
Who received award 9100000252?
9100000252 was awarded to Harena Rare Earths PLC by International Development Finance Corporation on July 21, 2026.
How much is award 9100000252 worth?
$4,841,110 has been obligated on 9100000252.
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