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by Megan Stals

How to buy Chilwa Minerals (CHW) Shares

The mining company is searching for mineral sands with industrial applications in Malawi.

Want to start buying CHW shares but not sure how? Follow the steps below to invest in Chilwa Minerals on the ASX.

1. Find a stock trading platform

To buy shares listed in Australia, you'll need to sign up with an investment platform that has access to the ASX. There are a number of share trading platforms in Australia, of which Stake is one.

2. Fund your account

Complete an application with your personal and financial details. Fund your trading account with a bank transfer, debit card or even Apple/Google pay.

3. Search for Chilwa Minerals ($CHW)

Find the share by company name or ticker symbol: $CHW. Do your own research to ensure it is the right investment product for your own circumstances.

4. Choose an order type and buy CHW stock

Buy on any trading day with a market order or use a limit order to delay your purchase of CHW shares until it reaches your desired stock price. Look into dollar cost averaging to spread out your risk, which smooths out buying at consistent intervals.

5. Monitor your investment

Optimise your portfolio by tracking how your stock and the business perform with an eye on the long term. You may be eligible for dividends and shareholder voting rights that affect your stock.

Chilwa Minerals overview

Mining company Chilwa Minerals has listed on the ASX and aims to explore its landholdings for several metals. They’re located in the Zomba district of Malawi, near the Mozambique border. 

There has been some historical exploration at the site, but Chilwa’s first priority is starting a new drill program. This will help the team gain information for further analysis and be used to put together a potential future mining plan. 

Chilwa is searching for heavy mineral sands, which are minerals found in beach sand deposits with higher than average densities. They are used in various industrial applications. The most common ones are ilmenite and rutile, which are key ingredients for titanium materials like the lightweight metal and pigments. 

Others include zircon and garnet, which are valued in industry as well as being used as gemstones. They’re often found together with monazite, which is known for having rare earth elements (REE). Another firm is developing the Songwe Hill REE Project on a neighbouring landholding. 

The Chilwa team is also investigating the levels of REEs present at the site and whether extracting them is financially viable. The project is at an early stage and their plans could still significantly change before the asset might be developed. 

Chilwa benefits from access to a railway that could transport materials to a port in Mozambique. They also have a partnership with a major stakeholder. As a subsidiary of Luso Global Mining, Mota-Engil could provide simple access to engineering services and equipment.

Chilwa Minerals (CHW) IPO details

Chilwa Minerals has filed its prospectus with the Australian Securities and Investments Commission (ASIC) in order to be listed on the ASX using the ticker symbol CHW. Read more in the Chilwa Minerals prospectus.

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You can take a look at the top shareholders in CHW in this document.

If you're considering investing in the Chilwa Minerals listing or other upcoming IPOs, sign up today.

This article focuses on how to buy specific securities, however, it is not a recommendation to invest in them and should not be taken as financial advice. Do your own research and make your own decisions, or even consider getting advice from a licensed financial adviser before investing.

Portrait photo of Megan Stals, Market Analyst at Stake.

Megan Stals

Market Analyst

Megan is a markets analyst at Stake, with 7 years of experience in the world of investing and a Master’s degree in Business and Economics from The University of Sydney Business School. Megan has extensive knowledge of the UK markets, working as an analyst at ARCH Emerging Markets - a UK investment advisory platform focused on private equity. Previously she also worked as an analyst at Australian robo advisor Stockspot, where she researched ASX listed equities and helped construct the company's portfolios.


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