Niobium

The updated resource estimate for the Crevier Project significantly increases the measured resources of Niobium, indicating a potentially larger future supply of this critical metal for various industries, including batteries and superalloys.

Niobium is a critical material supported by the United States===United States Defense Industrial Base Consortium. Apex Critical Metals' Cap Project has confirmed a significant niobium discovery, contributing to the strengthening of supply chains for this essential metal.

Niobium, extracted from Coltan, is a critical mineral for smartphones and electric vehicle batteries, making Venezuela's reserves highly attractive for foreign investment.

Niobium is one of the critical minerals that the Tharsis Project is prospective for, and the drilling program aims to evaluate its mineralization at depth.

Niobium is another critical raw material extracted from the Rubaya mines, used in pipelines, rockets, and jet engines. Its supply chain may also be affected by the mine collapse.