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Re: webpence post# 130787

Wednesday, 03/13/2013 2:45:27 PM

Wednesday, March 13, 2013 2:45:27 PM

Post# of 165855
This is a BS piece paid for by CBMM. It sounds more than anything like they are fearing loosing market share. They know it is coming and are trying to float ideas that only they hold the keys to unlocking the magic niobium. They want big money to read this and make them have 2nd thoughts about funding a project to go up against them. It is BS.

“You have no idea how much work it takes to sell niobium,” Carneiro said.

The process is so complex and capital-intensive that, while there are 300 known niobium deposits around the world, there are only four working mines. It requires multiple refining stages to turn powdery brown earth with just 3 percent niobium content into an iron alloy with 66 percent purity, which is what global steelmakers buy.

CBMM’s techniques are such a closely-guarded secret that the Asian steelmakers that bought a stake -- including China’s Baosteel Group Corp. and Japan’s Nippon Steel & Sumitomo Metal Corp. (5401) -- have never been allowed to carry out technical due diligence work.

“CBMM is not a mining company, but a technology company,” Carneiro said. The metal is not rare, he said. “What is rare is the market.”



Fear is what they are selling here.
I agree with dmbao,

The Salles Family may have created the market but by doing so they may have lowered the barriers for other to compete with them.