Niobium is considered a strategic metal because many industries depend on it, because it can help reduce the environmental footprint of a number of sectors, and because its production is concentrated at very few sites around the world.
When used as an alloying element in steel, niobium makes it both lighter and stronger while also improving its resistance to corrosion. It is therefore no surprise that niobium is an essential component of materials used primarily in the construction and automotive industries.
Demand for niobium continues to grow, notably in BRICS countries (Brazil, Russia, India, China and South Africa), where infrastructure development and the rapid expansion of the automotive market are driving its use. However, these are not the only industries benefiting from niobium’s key properties. The advanced medical technology sector, for example, also relies heavily on niobium in the manufacturing of cutting-edge equipment.
Niobium is also widely used in the oil and gas industry, as it makes it possible to build more reliable pipelines for transporting gases, liquids or solids by helping prevent the formation of cracks.
The aerospace industry uses niobium in the construction of rockets and satellites. The Apollo 11 rocket was built using 60% niobium-containing steel.
Niobium is a component of stainless steel and is used notably in the construction of nuclear reactors.
MINES IN QUÉBEC
The main sources of niobium are located in Canada, specifically in Québec, and Brazil, which together account for 98% of global supply. The remaining sources (2%) are located in Australia, Gabon, the Democratic Republic of the Congo and Malawi. Global niobium reserves are estimated at 2.7 million tonnes.
In Canada, niobium deposits are mined underground at the Niobec mine (Magris Resources), making it unique in the world. The deposits are located in the Saguenay–Lac-Saint-Jean region, 200 km north of Québec City. The mine accounts for 8% to 10% of global niobium production.
INTERESTING FACTS
Notes
The information contained in this fact sheet comes from public and verifiable sources.