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Niobium is used especially in the construction sector and the metallurgical industry as well as in the construction of advanced aerial structures.
Its superconductive properties have been used with magnetic functions and its most popular use refers to jewelry.
Around 90% of total global niobium consumption is in the production of high strength steels which are used in the manufacture of automobiles, ships and high pressure pipelines, as well as in the petroleum, aerospace and construction industries.
As an alloying agent, niobium (in the form of ferroniobium) brings unique properties to high strength steel alloys, such as increased formability, corrosion resistance and strength with extreme high or low temperatures.
The colossal Future Circular Collider project – eventual successor to the world famous Large Hadron Collider (LHC) — could need ‘vast amounts” of superconducting material such as niobium, tin, and titanium.