Niobium is used in EV Batteries to make them Super Fast Charging.
They can be fully charged in 10 Minutes with Niobium:
https://www.autoblog.com/2024/06/22...-fast-charging-niobium-batteries-in-a-vw-bus/
Niobium is also used in a new super alloy that was recently made,
And is able to withstand a both extreme hot and cold without cracking:
Applications of Tantalum
In this case the Tantalum is likely worth even more than the Niobium !!!!
- It finds its applications in the field of high-temperature devices such as in the engines of aircraft.
- It is used mainly as an alloying medium as it is helpful for hardening metals.
- It is employed in the manufacture of capacitors
- It has a high number of medical as well as dental applications.
Anyhow I expect a huge amount of newsflow over the next quarter,
And expect to be drilling this upcoming quarter.
Although given the amount of Artisan Mines,
Which were viable just with hand tools,
Will be even more viable with modern equipment.
The sooner we can fire up the Excavators the better !!!!
Given the pace SUM is working at,
And that the process seems more simple,
As well as more efficient in that location,
I expect SUM to overtake some of the other Co's in this space even though they had a head start !!!
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