RR1 reach resources limited

Ann: 17.65% Niobium & Exceptional REE Results from In-Situ Source, page-133

  1. 7,100 Posts.
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    Hello. CBMM control the price of niobium, which is why the niobium price has been very stable for many years. As I posted, they have a production capacity 50% larger than the current demand for niobium. Therefore, if niobium demand increases by 50%, CBMM can meet the demand.

    In other worlds, current potential supply of niobium is far greater than current demand.

    The niobium craze on the ASX because of WA1 appears to be mere insanity.
    Last edited by GKeden: 12/06/24
 
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