An Emerging Vertically-Integrated Niobium Producer
Stock Code:
ASX: GBE
Company Exposure:
Niobium, Tantalum
Project Locations:
Malawi
Globe is an African-focused resources company with its Kanyika Niobium Project in Malawi.
The Kanyika Niobium Project will produce niobium and tantalum products, which are key additives in high strength-low alloy (HSLA) steels, energy-related and speciality technologies, as well as electronics. A JORC mineral resource estimate indicates Kanyika could support a 23+ year mine life.
Globe’s corporate head office in Perth, Australia is supported by regional operational offices
in Lilongwe. The company listed on the ASX in December 2005 (ASX:GBE).
This bottom quartile cost project has been designed to ensure the production of “green niobium” in that its Scope 1 and Scope 2 carbon emissions will be of the lowest in the world, with hydroelectric and solar power dominating its power sources. The very low carbon footprint is also supported by a unique closed-cycle chlorination refining process, which is transformative for the industry.
Investment Highlights
- Expected to become the second vertically integrated niobium oxide player in the world
- Niobium is number three on the US critical mineral list and has many applications in the new economy
- Significant rapidly growing total available marketLow-cost mining operation in a conflict free zone
- De-risked small scale start up with expansion to follow
- Worldwide exclusivity on ESG refining process
- Attractive valuation with 50% IRR and US$1B US NPV per 2021 DFS
- Shovel-ready, fully permitted, advanced staged project covered by a mining development agreement, mining licence, and all environmental and land approvals required to immediately start construction