Business · Companies · 6 hrs ago
Gabon Seeks $2 Billion to Revive Mabounié Minerals Project
Gabon is seeking $2 billion to revive the Mabounié project.
The project, in Gabon, is focused on niobium and rare earths.
It has been long stalled.
The proposed development involves Emirati-backed New Energy Metals and Chinese engineering group ENFI.
The plan aims to restart the project, but no further steps are specified.
The proposal puts a major minerals development back in view, though its progress remains unclear.
Gabon is seeking to revive the long-stalled Mabounié niobium and rare-earth project.
The proposed development is valued at $2 billion.
The project involves Emirati-backed New Energy Metals and Chinese engineering group ENFI.
- Who
- Gabon, Emirati-backed New Energy Metals and Chinese engineering group ENFI.
- What
- A proposed $2 billion development to revive the Mabounié niobium and rare-earth project.
- When
- Not stated.
- Where
- Mabounié, Gabon.
- Why
- To revive the long-stalled minerals project.
This story does not have two clearly opposing sides.
This story does not have a timeline yet.
- Project
- Mabounié niobium and rare-earth project
- Proposed development value
- $2 billion
- Country
- Gabon
- Companies involved
- Emirati-backed New Energy Metals and Chinese engineering group ENFI