Globe Metals & Mining Limited advised that it has applied for a novel patent covering metallurgical technology for the recovery of pyrochlore that will significantly benefit the Kanyika Niobium Project. A Patent Cooperation Treaty (PCT) application has been filed and the outcome from the examination process is expected in the new year. The patent will potentially be significant to other niobium projects globally. A PCT application can protect intellectual property in at least 150 countries. This technology has resulted from metallurgical and beneficiation optimisation works on the Kanyika Project. This novel use of existing technology, together with the outcomes of additional testwork, promise lower project OPEX and CAPEX, lower complexity and increased metallurgical recovery. By way of example, the 2012 processing flotation regime was designed with 32 chemical agents. The current patent pending technology has reduced this to just 6 chemicals with lower dosage rates. This will reduce capital and operating cost and will significantly reduce the environmental footprint of the project. Early indications suggest that improved recoveries above 75% are possible with further work. These simple capital-optimised developments will be incorporated in the engineering design in time. There is potential for this technology to benefit the metallurgy of other mineral types. The Company will assess this potential concurrently with its initiatives on the Kanyika Project. On a technical perspective this technology should be clearly applicable to other important and commercially valuable commodity types.