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Globe Metals Secures $10M Funding Boost as Kanyika Feasibility Study Advances
6:15pm on Sunday 1st of June, 2025 AEST
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Metals & Mining
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Globe Metals Secures $10M Funding Boost as Kanyika Feasibility Study Advances
6:15pm on Sunday 1st of June, 2025 AEST
Key Points
Signed US$10 million convertible loan Term Sheet with South Africa's IDC
Updated feasibility study on schedule for March/April 2025 completion
Power supply commitments secured for Phase 1 and Phase 2 operations
Over 50% of Phase 1 funding now secured, including Ecobank Malawi loan
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