Brazil exported 9,312 mt of niobium ferroalloys in December against 7,660 mt in November.
The exports in December were destined to Asia (7,149 mt, of which 4,384 mt at $25,978/mt to China), Europe (1,211 mt at $24,935/mt), the US (746 mt at $27,046/mt), Canada (71 mt at $24,919/mt), Algeria (60 mt at $24,066/mt), Saudi Arabia (55 mt at $24,035/mt), and South America (20 mt at $32,187/mt), all FOB conditions.
The exports were from CBMM, the world’s largest producing company (7,701 mt at $26,457/mt), and CMOC (1,327 mt at $25,025/mt), while 284 mt at $23,462/mt were exported from operations in the state of Amazonas.
The world’s largest producer of niobium ferroalloys, Brazil, exported 91,988 mt of the product during 2024, with total FOB revenues of $2.378 billion against 86,334 mt and $2.253 billion during the same period of 2023.