Kanyika Niobium Project Construction Begins, First Oxide Production Set for 2028

Transitioning from Planning to Execution

Globe Metals & Mining Limited (ASX – GBE) has taken a significant step forward by commencing construction at its Kanyika Niobium Project in Malawi. This milestone marks the company’s transition from feasibility and permitting phases into active project execution. Early works began in January 2026, aligning with the company’s timeline to finalise its Bankable Feasibility Study (BFS) by March 2026 and aiming for first oxide production in the first quarter of 2028.

Strategic Partnership with Sinomine International

Central to this progress is Globe’s collaboration with Sinomine International (Zambia) Engineering Company Limited, a subsidiary of the globally recognised Sinomine Resource Group. Sinomine brings extensive experience in mining construction across Africa, including ongoing projects like the Kitumba Copper Mine in Zambia. Their involvement under an Early Contractor Involvement (ECI) framework ensures that construction methodologies, logistics, and cost inputs are validated on the ground rather than relying solely on desktop studies.

The agreement with Sinomine is structured on a cost-reimbursable basis with a fixed monthly management fee, reflecting Globe’s commitment to capital discipline. Importantly, Globe retains 100% ownership and control of the Kanyika Project, including all offtake rights, preserving future commercial flexibility without dilution.

Early Works and Project Scope

Initial construction activities focus on essential infrastructure upgrades such as access-road improvements, bulk earthworks, drainage and stormwater management, fencing, site security, water infrastructure, and establishing the construction camp. Sinomine will also produce refinery-grade niobium and tantalum oxide samples from early works materials to support downstream qualification and assessment.

This hands-on approach to early works is designed to reduce execution risks by refining the project scope, plant layout, and construction sequencing in line with regional conditions. It also facilitates supplier engagement and cost validation, which are critical inputs for the BFS and subsequent investment decisions.

Kanyika’s Strategic Importance and Resource Base

The Kanyika Niobium Project holds a Large-Scale Mining Licence in Malawi and boasts a substantial mineral resource base, including niobium and tantalum, with additional elements such as uranium and rare earths. The project is planned for phased development, integrating mining, concentration, and refining on site to produce high-purity oxides for export.

Niobium is a critical mineral with growing demand in high-tech and clean energy sectors, making Kanyika a strategically important asset. Globe’s methodical progression into construction, supported by Sinomine’s expertise, positions the project well to meet market needs while managing execution risks.

Looking Ahead

As Globe advances towards the BFS completion and final investment decision, the market will be watching closely for updates on construction progress, cost management, and operational readiness. The partnership with Sinomine not only brings technical capability but also regional insight, which could prove invaluable in navigating the complexities of large-scale mining development in Africa.