Niobium Market Review and Outlook
A Strategic Mineral in High Demand
Niobium is a strategic mineral in high demand, owing to uses in high tech applications and its highly concentrated supply base in Brazil. Niobium, a soft, gray, ductile metal, plays a critical role in the modern industrial landscape, notably within the realms of aerospace, construction, and automotive industries. Esteemed for its exceptional strength and resistance to high temperatures when alloyed with steel, niobium-enhanced materials are pivotal in manufacturing lightweight but strong structural components, leading to energy-efficient vehicles and resilient infrastructure. demand for niobium continues to grow, driven by the global push towards lighter materials for energy saving and emission reduction, as well as advancements in technology that require its unique properties.
Niobium Market Report
SFA (Oxford)’s market report will evaluate the history of supply, players and possible new sources of niobium, while detailing the progressive use of niobium in toughened, high-strength steel and other high-tech applications:
Concentrated supply base
- Resources and reserves of niobium
- Economic extraction of bulk, low grade, disseminated ore deposits from carbonites in Araxá, and Catalão-II in Brazil and St-Honoré, Quebec, Canada, as well as other deposits.
- Ferroniobium alloy production from pyrochlore Global occurrences of carbonites and other deposits hosting niobium with possible future extraction potential including but not limited to reviews of Aley and Upper Fir and Oka in Canada, Elk Creek in the USA and Panda Hill in Tanzania and factors which would influence their economic extraction including their association with tantalum.
Major players and market development
- To include a history of ownership, deposit extraction, life of mine, processing, availability, product forms and market development: CBMM (Companhia Brasileira de Metalurgia e Mineração), CMOC, and Magris Performance Materials.
High-tech end-uses
- Steel, aerospace, superconducters, electronics, atomic energy, medical, chemical, optical, lighting, foundry, and other end-uses
- Product specifications
- Products of niobium carbide, niobium nitride-steel alloys, niobium tin magnets Availability of niobium such as foil, sheet, tube, rod, and powder.
Niobium pricing
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Price History and 10-year Outlook
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