- In December 2022, CBMM announced a strategic investment of USD 80 million to significantly increase its niobium oxide production capacity, expanding from 500 tons to 3,000 tons by 2024. In partnership with Echion Technologies, CBMM will establish a state-of-the-art niobium oxide facility at its Araxá plant in Minas Gerais, Brazil. This move aligns with CBMM’s long-term goal of achieving a niobium oxide production capacity of 40,000 tons by 2030. This expansion is poised to strengthen CBMM’s position in the global niobium market, supporting the growing demand for high-performance materials, particularly in industries such as automotive, aerospace, and energy
- In January 2022, Kymera International finalized the acquisition of Telex Metals, a prominent global supplier of tantalum, tungsten, and niobium particulates. This strategic acquisition enables Kymera to broaden its product portfolio by incorporating tantalum and niobium materials, thereby enhancing its market presence. This move strengthens Kymera’s position in the global niobium market, allowing the company to tap into the growing demand for niobium-based materials, particularly in high-performance applications such as aerospace, electronics, and energy sectors
- In March 2022, CBMM entered into a strategic partnership with Horwin Brasil, a leading manufacturer of electric motorcycles, to advance clean energy access and promote electromobility in Brazil. The collaboration focused on integrating niobium-based lithium-ion batteries into electric two-wheel vehicles. As part of the partnership, CBMM invested 70 million reais in 2022, with an anticipated sale of 500 tons of niobium oxide. The company's long-term objective is to significantly increase niobium product sales to 50,000 tons by 2030. This partnership underscores CBMM's growing commitment to the global niobium market, particularly in the rapidly expanding electric vehicle sector
- In April 2021, NioCorp Developments Ltd confirmed the successful acquisition of a land parcel designated for the Elk Creek Superalloy Materials Project. This project, focused on the production of niobium, will enable the company to significantly expand its niobium portfolio in the global market. This strategic move strengthens NioCorp's position within the growing niobium market, as demand for high-performance materials, particularly in aerospace, automotive, and energy sectors, continues to rise
- In October 2019, H.C. Starck Tantalum and Niobium introduced its Amtrinsic tantalum and niobium metal powder range specifically designed for additive manufacturing. This strategic product launch enables the company to broaden its product portfolio and cater to the growing demand in advanced manufacturing sectors. The introduction of these high-quality powders is highly relevant to the global niobium market, as it supports the increasing adoption of additive manufacturing technologies across industries such as aerospace, automotive, and medical devices
Frequently Asked Questions
Companies such as CBMM (Brazil), China Minmetals Corporation (China), Jiuquan Iron & Steel (Group) Company (China), Anglo American plc (U.K.), Glencore International AG (Switzerland), are the major players in the niobium market.
In October 2019, H.C. Starck Tantalum and Niobium introduced its Amtrinsic tantalum and niobium metal powder range specifically designed for additive manufacturing.
The countries covered in the niobium market are U.S., Canada, Mexico, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, rest of Europe, China, Japan, India, North Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, rest of Asia-Pacific, Brazil, Argentina, rest of North America, Saudi Arabia, U.A.E., North Africa, Egypt, Israel, and rest of Middle East and Africa.
