Canaccord says there’s “something real” about the niche metal
After the lithium hype of 2023, gold has reclaimed its spot as the hottest commodity at this year's Diggers and Dealers conference, aptly taking place once again in Australia's gold-mining capital, Kalgoorlie-Boulder. Of course, there wasn't much competition; lithium prices are still in the dumps, nickel is in the worst state it's been in recent memory, and even copper – which had a stellar run earlier this year – has pulled back from its recent highs.
And this is not to mention the reported benefits a bit of niobium can bring to lithium-ion batteries, including longer life, faster charging, more stability and reduced weight. "But the reality of niobium is 80% of the world's production comes out of one mine in Brazil," Howard said.
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