{"id":1161265,"date":"2020-01-22T08:10:42","date_gmt":"2020-01-22T14:10:42","guid":{"rendered":"https:\/\/www.mining.com\/?p=1011821"},"modified":"2020-01-22T08:10:42","modified_gmt":"2020-01-22T14:10:42","slug":"niobium-in-ev-batteries-whats-to-come-for-cbmm","status":"publish","type":"post","link":"https:\/\/juniorminingnews.com\/?p=1161265","title":{"rendered":"Niobium in EV batteries \u2013 what\u2019s to come for CBMM"},"content":{"rendered":"<p>Based on the Companhia Brasileira de Metalurgia e Minera\u00e7\u00e3o&#8217;s $10-million investment for R&amp;D on the use of niobium in EV batteries, Roskill issued a report on the company&#8217;s prospects and those of the niobium market.<\/p>\n<div class='d-flex justify-content-center d-xs-block d-sm-block d-md-none'>\n<div id='div-gpt-ad-1561499308230-0'><script>googletag.cmd.push(function() {googletag.display('div-gpt-ad-1561499308230-0');});<\/script><\/div>\n<\/div>\n<p>&#8220;With a global market share close to 80%, CBMM is now looking to develop new applications for niobium in order to secure new sources of revenues in the face of weakening steel markets; it sees EV batteries as one possible alternative,&#8221; the document states.<\/p>\n<p>According to the analyst, the market for niobium in batteries could possibly reach 5kt of ferro-niobium equivalent (3kt of contained Nb) by the middle of the next decade. <\/p>\n<figure class=\"wp-block-pullquote alignright\">\n<blockquote>\n<p>CBMM owns the Arax\u00e1 niobium deposit, which is carbonatite-hosted and consists of primary ore (1.5% Nb<sub>2<\/sub>O<sub>5<\/sub>) in the core, and residual material (2.5-3% Nb<sub>2<\/sub>O<sub>5<\/sub>)<\/p>\n<\/blockquote>\n<\/figure>\n<p>Another potential growth market is that of nanocrystalline niobium, currently estimated at 2kt of ferro-niobium equivalent (1.2kt).<\/p>\n<p>&#8220;These new applications are still very small when compared to CBMM&#8217;s total production capacity of 100ktpy ferro-niobium (60ktpy contained Nb),&#8221; Roskill says. &#8220;Growth in these markets depends on the progress of technological developments and the economics of commercial-scale ramp-up.&#8221;<\/p>\n<p>The consultancy reports that CBMM is planning to expand its production capacity to 150ktpy ferro-niobium in Q4 2020 (90ktpy contained Nb), justified by sustainable demand growth coming from the steel industry. <\/p>\n<p>The group is also considering further expansion to 225ktpy ferro-niobium (135ktpy Nb). <\/p>\n<p>&#8220;No doubt, this incremental investment will depend on the future development of the steel industry in China, but it will also depend on whether CBMM&#8217;s expectations for new niobium applications materialise,&#8221; the document reads.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Roskill issued a report analyzing future prospects for the Brazilian company.<\/p>\n","protected":false},"author":92,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"footnotes":""},"categories":[1016,369,4],"tags":[],"_links":{"self":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1161265"}],"collection":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/users\/92"}],"replies":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1161265"}],"version-history":[{"count":1,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1161265\/revisions"}],"predecessor-version":[{"id":1161266,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1161265\/revisions\/1161266"}],"wp:attachment":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1161265"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1161265"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1161265"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}