CORTEC mining gets nod for mining and processing of niobium
NAIROBI – With the demand for niobium rising steadily, Cortec Mining Kenya Limited (CMK) today announced the approval of its Environmental Impact Assessments (EIAs) for the mining and processing of niobium and rare earths at Mrima Hill, Kwale, on the South coast of Kenya, paving way for mining of one of the largest such deposits in the world, which is expected to generate taxes and royalties for Kenya of more than $300m (KSh26bn) over the mine’s 15-year lifespan.
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