Niobium is dead ? Not if you can find a decent amount of it its not . Look at Enr have a few hits drilling and there market cap is 20 times SUMs , look at WA1 dosen't seem to dead .
What about CBMM in Brazil its worth about 10s of billions of dollars there net revenue in 2021 alone was like 11.5 billion !
So niobium is dead seems like a bit of a silly statement.
Lithium is only like $15-17AUD a kg Niobium is about $70kg AUD , so lithium would have to triple in price for it to be worth as much.
Oh and of course the pegmatites on SUMs land is not just potentially niobium rich but Tantalum to which is far more valuable.
Oh and you say we dont have a mine or anything ???
What a dumb statement we are exploring!
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