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Niobium is a non-ferrous metal that is used in a variety of industries, including aerospace, automotive, and electronics. It is a soft, ductile, and malleable metal that is resistant to corrosion and has a high melting point. Niobium is used in the production of superalloys, which are used in jet engines and other high-temperature applications. It is also used in the production of stainless steel and other alloys, as well as in the production of welding rods and electrodes. Niobium is also used in the production of catalysts, optical lenses, and medical implants.
Niobium is mined in several countries, including Brazil, Canada, and China. It is also produced as a by-product of other metals, such as tantalum and zirconium. The demand for niobium is driven by the growth of the aerospace, automotive, and electronics industries.
Some companies in the niobium market include CBMM, IAMGOLD, and Anglo American. Show Less Read more