Globe Metals & Mining Ltd (ASX:GBE) CFO Charles Altshuler tells Proactive the company’s Kanyika Niobium Project is in central Malawi, about 55 kilometres northeast of the regional centre of Kasungu and is secured by a mining licence. He says niobium is at the forefront of numerous new-age technologies including fast charging batteries, super conductors, medical imaging and aerospace but is also used in the manufacture of everyday items such as optical glass applications, capacitors and paint. The recent focus for the company has been on raising capital to progress a feasibility study for Phase One ahead of evaluating the Final Decision to Mine.
Globe Metals & Mining has shovel-ready niobium project in Malawi
