this writeup has many holes in it.
Talks about Niobium demand but fails to mention the rise in future demand that CBMM is preparing for or the fact that having another large high grade producer from a different juristiction may increase demand as it eliminates risk of supply coming from a almost monopoly.
Compairing Syrah to WA1 is laughable. Graphite is in abundance, high grade niobium is not. It can be argued that Araxa has enough for the world but I have mentioned above the issues with a monopoly supplier. This is the second largest deposit found, 70 years later. WA1 will have the biggest resource in the west and we know what the geopolitical situation is like right now.
Major countries around the world have niobium at or near the top of their critical minerals list.
They won't be getting any of mine at these prices.
General discussion, page-9449
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