Key Niobium Market Players:
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
The niobium market is quite competitive, which significantly impacts the global supply of niobium. Companies like Anglo American and Niobec are steadily increasing their market presence by investing in sustainable practices, large-scale mining, and innovative technologies. Additionally, government policies in key markets like Brazil and China are essential in shaping how the market operates. In Japan, China, and South Korea, the steel industry and cutting-edge manufacturing technologies are the main drivers of niobium demand. Meanwhile, in India, Brazil, and Australia, the emphasis is on boosting niobium production to support automotive and infrastructure projects.
Below is the list of some prominent players operating in the global niobium market:
Company Name |
Origin |
Market Share (2025 Est.) |
Industry Focus |
CBMM (Companhia Brasileira de Metalurgia e Mineração) |
Brazil |
75% |
World's largest niobium producer. Focuses on ferroniobium, niobium oxides, and niobium metals for steel, aerospace, and emerging energy applications. |
CMOC (China Molybdenum Co., Ltd.) |
China |
15% |
Major multinational miner. Operates the Niobec mine in Canada, producing ferroniobium and niobium oxides for the global market. |
Magris Resources (Niobec Mine) |
Canada |
6% |
Owner and operator of the Niobec mine in Quebec, a significant producer of ferroniobium for the aerospace and automotive industries. |
Anglo American |
UK |
2% |
Diversified mining giant. Produces niobium as a by-product from its Barro Alto nickel mine in Brazil. |
IAMGOLD Corporation |
Canada |
1% |
Gold mining company that produces niobium as a by-product from its now-closed Niobec mine operation (sold). |
Taseko Mines Limited |
Canada |
0.4% |
Developing the Aley Niobium Project in British Columbia, a potential future source of niobium oxide. |
Alkane Resources Ltd. |
Australia |
xx% |
Diversified miner. Developing the Toongi Project (Dubbo Zirconia Project) in Australia, which contains niobium as a co-product. |
Lynas Rare Earths Ltd. |
Australia |
xx% |
Major rare earths producer. Its Mt Weld deposit contains niobium, which is considered a potential future by-product. |
Brazilian Rare Earths Limited |
Australia |
xx% |
Exploration company focused on rare earth elements in Brazil, with niobium present in its deposits. |
NioCorp Developments Ltd. |
USA |
xx% |
Developing the Elk Creek Critical Minerals Project in Nebraska, aiming to become a producer of niobium, scandium, and titanium. |
Tasman Metals Ltd. |
Sweden |
xx% |
Exploration company (now part of Leading Edge Materials) focused on rare earth elements in Scandinavia, with niobium in its deposits. |
Commerce Resources Corp. |
Canada |
xx% |
Exploration company advancing the Ashram Rare Earth and Fluorspar Deposit in Quebec, which contains significant niobium. |
Vital Metals Limited |
Australia |
xx% |
Rare earths producer and explorer. Its projects, including the Nechalacho Mine, have niobium as a co-product. |
Globe Metals & Mining |
Australia |
xx% |
Exploration company focused on the Kanyika Niobium Project in Malawi. |
Mosaic Company |
USA |
xx% |
Largest producer of phosphate and potash. Recovers minor niobium as a by-product from its phosphate processing waste streams. |
JFE Steel Corporation |
Japan |
xx% |
Major steel producer. A key consumer of ferroniobium for manufacturing high-strength, low-alloy (HSLA) steels for automotive and construction. |
Nippon Steel Corporation |
Japan |
xx% |
One of the world's largest steel producers. A significant end-user of niobium for advanced steel products and alloys. |
Mitsubishi Corporation |
Japan |
xx% |
Major trading and investment firm. Involved in the supply chain and processing of niobium for various industrial applications. |
Shin-Etsu Chemical Co., Ltd. |
Japan |
xx% |
Global chemical company. Processes niobium oxides and other compounds for use in electronic ceramics and optical lenses. |
Hitachi Metals, Ltd. |
Japan |
xx% |
Specialized steel and metal producer. Uses niobium to manufacture advanced superalloys and specialty steels for high-performance components. |
Below are the areas covered for each company in the niobium market: