The world's major dump for niobium is situated in Araxá, Brazil The world's major dump for niobium is situated in Araxá, Brazil

Angola to kick off niobium exploitation project

Jun 25, 2020

Angola plans to kick off niobium exploitation at Bonga mountain, located at central Huila province's municipality of Quilengues, in the second half of this year, official said on Tuesday.

After two years of prospecting, the rare superconducting material, used in the space industry, niobium will be exploited for the first time in the country, said Adriano Pedro, Quilengues' administrator.

For the exploitation, Pedro said a mining company is investing 100 million U.S. dollars for the project, adding that the prospecting process of the mineral made it possible to collect samples and ensure the quality of the ore.

Given the project has already been authorized by Presidential Decree and the prospecting process is over, the exploitation is able to start in the second half of the year, the official said.

 

Xinhua

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