Globe Metals & Mining (ASX:GBE) has signed a letter of intent with Affilips N.V. for up to 100 tonnes of refined high purity Niobium Pentoxide.
⛏️ Affilips would take up to 32% (approximately 100 tonnes) of expected annual highpurity Niobium Pentoxide production from the Kanyika Project
🖊️ The agreement will initially be for 3 years, starting in May 2026
🚧 Development of the Kanyika Project will see Globe Metals & Mining become a reliable supplier of in demand Niobium Oxide for specialised industries based in Europe
📍Affilips exports approximately 50,000 tonnes of master alloys annually to 80 countries
ASX announcement ⚡ https://announcements.asx.com.au/asxpdf/20240902/pdf/067d43scnnjvtl.pdf