Dusk Gabon S.A., a subsidiary of Emirati company New Energy Metals (NEM), has submitted an updated study to the Gabonese government for its Mabounié project in the Moyen-Ogooué region. The project involves exploiting the gisement and valorizing its resources with an investment of over 1,000 billion FCFA, equivalent to $2 billion. The study was conducted in collaboration with Hatch, SRK Consulting, China ENFI, Mecater, and CCCC First Harbor Engineering Company.
The Mabounié project aims to produce 16,000 tonnes of niobium per year, along with other critical metals. The integrated chain will include mining, river logistics, a port, and factories, with an industrial park near Port-Gentil. Dusk expects to create over 2,000 jobs, provide training for young Gabonese, and engage with local suppliers. The project could become a significant source of non-hydrocarbon exports for Gabon.
According to Eric Tizon, Dusk's general director, the project features an optimized mining plan, simplified logistics, and an improved process that offers better recovery rates and a wider range of metals. These choices are expected to enhance the project's economic viability. Dusk plans to develop the project in accordance with international environmental and social standards, in consultation with local communities and authorities.
The project is part of the partnership between Gabon and the United Arab Emirates, with NEM aiming to develop the project in line with international best practices. China ENFI will be involved in ore processing, infrastructure, and refining of niobium, tantalum, and titanium. The project's development is expected to have a positive impact on Gabon's economy and contribute to the country's growth.
The Gabonese government has received the updated study, which confirms the technical solidity of the project. The government is expected to review the proposal and make a decision on the project's implementation. The Mabounié project has the potential to become a major mining project in Gabon, contributing to the country's economic diversification and development.
Dusk's investment in the Mabounié project is a significant development for Gabon's mining sector, which is expected to play a crucial role in the country's economic growth. The project will also contribute to the development of Gabon's infrastructure, including the construction of an industrial park and the improvement of logistics and transportation networks.
The implementation of the Mabounié project is expected to have a positive impact on Gabon's economy, creating jobs, generating revenue, and contributing to the country's growth. The project's development will also depend on the government's approval and the company's ability to secure the necessary funding and permits.
Key points
- Dusk plans to invest over $2 billion in the Mabounié project.
- The project aims to produce 16,000 tonnes of niobium per year.
- The project is expected to create over 2,000 jobs and contribute to Gabon's economic growth.
