Rare earths and niobium: Malawi’s underrated treasure trove
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RockTalk is a Stockhead video series featuring a roundtable of resources experts discussing a new macro topic each week.
In this episode, host Peter Strachan discusses the opportunities at hand to develop rare earths, niobium and tantalum deposits in Malawi, Africa. Rare earths are used in EVs as well as wind turbines, electronics and in the defence industry – while niobium is used in important infrastructure such as oil and gas pipelines and even jet engines.
DY6 is currently developing its Machinga project, where it recently returned drill hits such as 11m @ 0.74% TREO and 0.29% niobium from surface.
Meanwhile, Globe Metals & Mining published positive metallurgical test results from its Kanyika project last month – achieving above 99% extraction of niobium and tantalum. Both Machinga and Kanyika share country with Lindian Resources’ (ASX:LIN) Kangankunde deposit – affectionately nicknamed “The King” – which hosts a 261mt @ 2.19% TREO resource.
The panel of experts discuss a range of topics including Malawi’s encouraging infrastructure, the green energy solutions already existing in Malawi, and the path forward on growing the already-impressive scale of deposits in-country.
To hear the group discuss all this and more, click above!