Panda Hill Niobium Project, Tanzania

The Panda Hill Niobium project is located in Mbeya region of Tanzania. There is excellent local infrastructure to the mine, enabling easy transportation of product (i.e. grid power, road and rail) with 160 holes drilled from 1950 - 1990s. Panda Hill is an advanced Niobium project that warrants immediate commencement of feasibility work. The potential value of the project has only recently been identified. The capital required for a two-million-tonne-a-year plant is estimated at $158 million, excluding pre-production and working capital costs. Initial capex is estimated at $196 million. The exact co-ordinates are currently not available however the approximate area of location is lat: -8.961765141798832, long: 33.24603451593885