Company Vision
Globe’s vision is to become a mid-tier, multi-commodity and multi-project African resource company.
Critical to this vision is the strategic partnership with the Chinese State-Owned Enterprise, East China Mineral Exploration and Development Bureau (ECE), which is a majority shareholder in Globe. This partnership uniquely places Globe to capitalise on the global demand for commodities, by linking together three key components:
- Africa as the favoured location worldwide for significant commodity discoveries and opportunity
- Australia as a source of entrepreneurial management, skilled technical professionals and liquid and transparent capital markets
- China as the primary consumer of many commodities and also one of the key sources of new capital for mining developments.
In April 2011, ECE invested A$48 million into Globe, which will enable it to realise this opportunity in a real and measurable fashion:
- Funding for the final feasibility into the Company’s flagship project, the Kanyika Niobium Project
- Exploration capital for the Company’s exciting earlier-stage opportunities, primarily the Mt Muambe Fluorite/HREE, Mozambique and the Machinga REE Project in Malawi.
- Pursue advanced-stage acquisition opportunities as they arise.
