New Energy Metals and ENFI propose $2B Mabounie niobium and rare earths project in Gabon

UAE-backed New Energy Metals and Chinese ENFI Engineering Corporation have proposed a $2 billion investment to revive the Mabounie niobium and rare earths mining project in Gabon. Construction is targeted to begin in 2027, creating over 2,500 jobs.

“Gabon is seeking a US$2 billion investment to revive the long‑stalled Mabounie niobium and rare‑earths mining project.”kenya-today.com

• 1 source
• kenya-today.com$2 billion Mabounie Niobium and Rare Earths Project in Gabon Aims for 2027 ConstructionKenya Today NewsroomNov 9, 2026

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