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The latest announcement is out from Globe Metals & Mining Limited ( (AU:GBE) ).
Globe Metals & Mining has commenced construction at its fully permitted Kanyika Niobium Project in Malawi, marking a shift from feasibility and permitting into active project execution, with early works beginning in January 2026 and first oxide production targeted for early 2028. Under a cost-disciplined, non-dilutive Pre-Development Collaboration Agreement with Sinomine International (Zambia) Engineering Company, which brings recent construction experience in Southern Africa, initial works will include access-road upgrades, bulk earthworks, site infrastructure and production of refinery-grade niobium and tantalum oxide samples, supporting completion of the Bankable Feasibility Study, meeting mining licence obligations, and strengthening Globe’s operational readiness while preserving project ownership and commercial flexibility.
The most recent analyst rating on (AU:GBE) stock is a Hold with a A$0.06 price target. To see the full list of analyst forecasts on Globe Metals & Mining Limited stock, see the AU:GBE Stock Forecast page.
More about Globe Metals & Mining Limited
Globe Metals & Mining Limited is an Australia-listed resources company focused on developing the Kanyika Niobium Project in Malawi, targeting niobium and tantalum oxides used in high-tech and critical mineral supply chains. The company positions itself as a capital-disciplined developer seeking to retain full ownership and offtake control while partnering with experienced African mining contractors to advance its flagship project toward production.
Average Trading Volume: 160,067
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$59.09M
See more data about GBE stock on TipRanks’ Stock Analysis page.