Niobium emerging as battery world game-changer
https://thewest.com.au/business/bulls-n-bears/niobium-emerging-as-battery-world-game-changer-c-11027034
Niobium is being framed as a game-changer to the battery market.
Once primarily used in steel-making to boost strength and add corrosion and heat resistance, niobium is now turning heads with its ability to cut charging times and fire risks for lithium-ion batteries.
Another company riding the niobium wave is Reach Resources in WA’s Gascoyne region.
Reach says independent geological experts have advised that its consistent high‐grade niobium and heavy rare earths oxide (HREO) is associated with a rare-element pegmatite swarm about 2.5km long and which was identified from historical records at Wabli Creek.
The company also believes the mineralisation likely extends under cover.
Its most recent numbers follow previous high-grade results from rock-chip samples in December last year that revealed 6.78 per cent niobium oxide, 3.71 per cent tantalum oxide and 2.57 per cent total rare earths oxide (TREO), including 88 per cent HREO. The high proportion of HREO includes 7226 parts per million yttrium oxide, 3430ppm dysprosium oxide and 4880ppm ytterbium oxide.
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