Exciting news! 🎉 Malawi’s capital is gearing up to host a brand new Niobium Refinery! 🏭 Stay tuned for more updates on this game-changing development. 🌟
🌟 Malawi’s economic development is on the rise, thanks to the proactive leadership of the president Lazarus McCarthy Chakwera and ministry! Mining plays a crucial role in driving Malawi’s growth. 💼📈
The Kanyika Niobium project is among the Mining Development Agreements successfully negotiated under President Lazarus McCarthy Chakwera’s administration.
Globe Metals Limited, an Australian firm holding a Mining Development Agreement (MDA) for the Kanyika Niobium project in Mzimba, will establish a niobium refinery in Malawi’s capital, Lilongwe.
Dr. Joseph Mkandawire, Permanent Secretary (PS) in the Ministry of Mining, announced this decision following a meeting between Ministry officials, led by Minister of Mining Hon. Monica Chang’anamuno, MP, and representatives from Globe Metals Limited at the Ministry’s Lilongwe office on Thursday, February 29, 2024.
This move marks a departure from the previous plan to locate the Niobium Refinery in Namibia or the UAE.
Mkandawire emphasized that besides boosting revenue from refined products, the investment would generate employment opportunities both at the mine site in Mzimba and at the refinery in Lilongwe.
He stated, “There will be a dual creation of job opportunities; one at Kanyika where mining will occur and another at the refinery site. Such mining investments align with the government’s objectives.”
Mkandawire confirmed that metallurgical and engineering tests have been completed, expressing the government’s readiness to support the refinery plant’s development.
Globe Metals & Mining Ltd- Niobium intends to power mining and refining operations using renewable energy sources. This highlights Globe’s commitment to contributing to the Malawi’s growth.
