GREY:PWCRF - Post by User
Comment by
Chip2on May 14, 2012 12:21am
293 Views
Post# 19904609
RE: SA firm to invest Sh200m to explore minerals i
RE: SA firm to invest Sh200m to explore minerals i “Besides that, we have also set aside close to $70 million (Sh5.9 billion) to construct a niobium concentrate plant at the same site where large deposits have been discovered according to our recent research,” he said.
Mr Alberts said the plant will produce a niobium concentrate which will be combined with iron ore and other additives in a smelting plant in Mombasa to create the highly sought-after ferro niobium (FeNb) which can be sold worldwide.