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Financial Times · United Kingdom · A Rubaya mine landslide killed 220 and destabilised DRC tantalum supply as AI-driven capacitor demand pushed prices 15-30% higher; niobium gained a US mine and a UK anode partnership
Reports CBMM (Companhia Brasileira de Metalurgia e Mineração, world's largest niobium producer) and Echion Technologies (Cambridge, UK) opening a 2,000 tonne per year XNO (mixed niobium oxide) anode active material facility. Niobium oxide anodes enable 6-minute EV battery charging in lithium-ion cells without lithium-plating degradation; the CBMM-Echion facility is the first commercial-scale XNO production outside China.
“CBMM and Echion's 2,000 tpa XNO niobium oxide anode facility is the first commercial-scale fast-charging anode material production outside China, enabling 6-minute EV charging.”