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Malawi niobium project gets green light

Globe Metals & Mining has been given the green light to find about US$250 million for an integrated niobium project development in Malawi called Kanyika that’s been modelled to have a pre-tax net present value of about $1 billion and an internal rate of return of circa 50%.

Michael Quinn
Kanyika's development dawning for Globe in Malawi

Kanyika's development dawning for Globe in Malawi

With a mining licence now received, "all approvals (are) in place to immediately commence construction upon funding and relocation of affected persons". However, Globe and the government of Malawi are...

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