Further Kanyika Project development milestones are pendingGlobe...

Further Kanyika Project development milestones are pending
Globe has informed the market about both upcoming and longer-term Kanyika deliverables,
along with their expected delivery dates in our recently released Investor Presentation3
:
• critical funding discussions with strategic investors, debt financiers, and off-takers;
• off-take discussions and agreements;
• complete the update of the FS (March/April 2025);
• Board approval to execute the Project (H12025);
• execution of the Project in H2 2025;
• Malawi-based Mine, Concentrator and Refinery construction Phase 1 (15 months of
construction);
• Phase 1 commission and production (H1 2026); and
• Phase 2 commission and production (H1 calendar 2028).