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Kanyika Mine could earn K12tn in 24 years—report
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Kanyika Mine could earn K12tn in 24 years—report
Kanyika Niobium Mine in Mzimba District, owned by Globe Metals and Mining, could rake in $6.9 billion (about K12.2 trillion) in net revenue over 24 years, confirming the mine’s potential ahead of production in 2028. This is highlighted in the Australian Stock Exchange-listed firm’s latest definitive feasibility study results for the project, which also forecasts its post-tax profit net present value at $1.025 billion (about K1.794 trillion). Kan…
·Blantyre, Malawi
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