Harena Rare Earths Plc HREE

Harena Rare Earths Executive Chairman Ivan Murphy joined Steve Darling from Proactive to discuss a major financing milestone for the company's flagship rare earths project in Madagascar, announcing that Harena has secured a US$5 million project funding facility from the U.S. International Development Finance Corporation (DFC). Murphy described the funding as the first step in what could become a broader strategic financing relationship with the DFC and other organizations connected to the U.S. government's critical minerals initiative. He noted that additional funding opportunities may become

The investment aims to advance the development of the Ampasindava Ionic Clay Rare Earth Project.

The Trump administration is expanding its rare earth strategy in Africa, backing a Madagascar project to reduce U.S. dependence on China's dominance of critical minerals.