China Seeking Rare Earth in Malawi

Globe Metals & Mining Limited, has announced the start of an exploration program at the Salambidwe REE Project in Southern Malawi. The company views the area to be a high potential low cost rare earth exploration project and has significant expectations of finds.

Globe Metals and Mining Limited formed a strategic partnership with East China Minerals Exploration and Development Bureau (ECE) in April 2011. ECE are now the largest shareholder in Globe.