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Globe Metals secures 100% off-take for niobium

Summary by The Nation
Globe Metals and Mining has secured a non-binding off-take agreement with Canadian firm Neo Performance Inc for 100 percent Kanyika Niobium Mine phase one production in Mzimba District. The agreement gives the firm the right to purchase 150 metric tonnes (MT) per annum of the mine’s refined high-purity niobium, which will pave the way for binding off-take undertakings to support its bankable feasibility study. The company’s update indicates that…
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The Nation broke the news in Blantyre, Malawi on Thursday, May 22, 2025.
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