$2 billion Mabounie Niobium and Rare Earths Project in Gabon Aims for 2027 Construction

UAE-backed New Energy Metals and China’s ENFI have proposed a $2 billion plan to restart development of the stalled Mabounie niobium and rare-earths mine in Gabon. The proposal targets the start of construction in 2027 and envisages more than 2,500 jobs. If realised, the investment could expand Gabon’s mining industry and create significant employment opportunities.

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