Globe Metals & Mining (ASX:GBE) has transitioned from planning to execution with the commencement of construction at its fully permitted Kanyika Niobium Project in Malawi.
Early works began in January, marking a critical milestone in the company’s push to become a significant global producer of critical minerals.
These initial activities include essential access-road upgrades, bulk earthworks, and the establishment of a construction camp.
This phase is designed to support the finalisation of the project's bankable feasibility study, currently targeted for March, while satisfying the development obligations under the company’s large-scale mining licence.
To lead the construction effort, Globe has entered into a strategic pre-development collaboration agreement with Sinomine International (Zambia) Engineering Company.
This partnership leverages Sinomine’s extensive regional experience—currently evidenced by their work on the Kitumba Copper Mine in Zambia—to ensure the project meets global best practices in technically demanding environments.
Under an early contractor involvement framework, Sinomine will provide cost validation and operational expertise, helping to refine the plant layout and construction methodology before a final investment decision is reached.
The agreement is structured to maintain Globe's full ownership and control, utilising a capital-disciplined, cost-reimbursable model with a fixed management fee.