looking at the pig picture niobium is the new super mineral has many uses and in the green transition currently there are only 3 mines on the planet 2 in Brazil which China owns one and 1in Canada expected niobium growth some forecast 6% others 9% per year looking forward
Australia no mines yet and only known for a country rich in minerals the WA state has lost $b in mining taxes due to price falls in nickel iron ore and lithium and don’t currently want uranium mining which can bring in plenty of tax dollars but are supporting rare earths miners in there green transition they are bankrolling a rare earths miner to the tune of $875m
the niobium space is small that’s why rockstar WA1 increased by 20000% in a few years currently Rcr and most are exploring but are on the right track ….
RCR Price at posting:
6.6¢ Sentiment: None Disclosure: Held
