Kanyika Niobium Project in Malawi Set for Staged Development
The Kanyika niobium project in northern Malawi, developed by Globe Metals & Mining, is progressing towards a staged development plan. A bankable feasibility study completed in April 2026 outlines a 24-year mine life with an initial capital requirement of approximately $139 million. The project aims to produce niobium pentoxide and tantalum pentoxide, with phase one targeting an annual output of 1,502 tonnes of niobium pentoxide and 65 tonnes of tantalum pentoxide. The project is located within the Mozambique Orogenic Belt and is covered by a Large-Scale Mining Licence valid until 2046. The mining method involves conventional open-pit operations, and the processing facility will utilize a concentrator and hydrometallurgical refinery to produce high-purity products. The project is expected to commence production in the first quarter of 2028.