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The Mrima Hill Rare Earth Project, located in Kwale County, Kenya, is currently at the center of a high-stakes global competition between the US, China, and Australia. Estimated to be worth $62.4 billion, the site contains world-class deposits of rare earth elements (REEs) and niobium, essential for electric vehicles (EVs), renewable energy, and defense technology.
Current Status and Active Bidders
Key Mineral Reserves
Mrima Hill is ranked among the top five global deposits for rare earths.
- Niobium: Estimated at 105.3 million tonnes of ore, making it one of the largest reserves in the world (approx. 0.7% grade).
- Rare Earth Oxides: Targeted at roughly 40 million tonnes with a concentration of 5% total rare earth oxides. , is currently at the center of a high-stakes global competition between the US, China, and Australia. Estimated to be worth $62.4 billion, the site contains world-class deposits of rare earth elements (REEs) and niobium, essential for electric vehicles (EVs), renewable energy, and defense technology.
Current Status and Active Bidders
Key Mineral Reserves
Mrima Hill is ranked among the top five global deposits for rare earths.
- Niobium: Estimated at 105.3 million tonnes of ore, making it one of the largest reserves in the world (approx. 0.7% grade).
- Rare Earth Oxides: Targeted at roughly 40 million tonnes with a concentration of 5% total rare earth oxides.