Why Everyone Wants to Buy Niobium

Niobium is a metal used to produce stronger, lighter steel for industrial applications. Its market, valued at $4 billion, is controlled by a few companies, with CBMM in Brazil producing over 80% of the world's supply. The market is illiquid, making pricing difficult. Niobium's demand is rising due to its ability to enhance steel properties, making it valuable in high-tech applications. Despite its importance, niobium remains relatively unknown, even among industry experts. The market is poised for potential mergers and acquisitions as companies seek to capitalize on its growing appeal.

What is one of the primary uses of niobium mentioned in the video?

• To manufacture solar panels

• To create electronic devices

• To produce stronger, lighter steel

• To make plastic more durable

Which company is mentioned as having a strong grip on the niobium market?

• Metal Bulletin

• CBMM

• Anglo American

• IAMGOLD

Why is niobium difficult to price according to the video?

• It is not traded internationally

• It is only used in niche products

• It is a highly liquid market

• It is a very illiquid market

What is a reason given for the lack of awareness about niobium among experts?

• It is a rare and expensive metal

• It is not used in any major industries

• It is only relevant to those who mine it or make steel

• It is a newly discovered element

What potential market activity is anticipated for niobium assets?

• A shift towards renewable energy applications

• A frenzy of mergers and acquisitions

• An increase in production costs

• A decline in market value