CBMM's (Companhia Brasileira de Metalurgia e Mineração) Araxá niobium deposit is carbonatite-hosted and consists of primary ore (1.5% Nb2O5) in the core, and residual material (2.5-3% Nb2O5); currently producing ~75% of world consumption.
CBMM has a deposit around 450MT of Niobium. According to another poster Possibly MC around 13Bn US
GBE Resources 68.3Mt at grades of:- 2,830ppm Nb2O5- 135 ppm Ta2O5 Reserves 33.8Mt at grades of:- 3,038ppm Nb2O5-141 ppm Ta2O5
MC 50M . To low.
IMO
GBE Price at posting:
7.0¢ Sentiment: Buy Disclosure: Held
