Rare Earths
Rare Earth Element Deposit
Niobec’s Rare Earth Element (REE) deposit is one of the largest in the world outside of China and is situated within mining friendly Quebec, Canada. A world-class underdeveloped REE orebody situated in a favourable and strategic jurisdiction, Niobe'c’s REE has a low production cost profile with all major infrastructure already in place.
REE Applications
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Lanthanum
Used to make rechargeable lanthanum nickel metal hydride batteries – the type used in electric and hybrid vehicles, laptop computers, cameras. Also used in fibre optic cables, camera lenses, telescopes, and binoculars – as lanthanum improves visual clarity – and infrared glass used in night vision goggles
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Cerium
Used to polish glass, metal and gemstones, computer chips, transistors and other electric components. Also used in catalytic converters and added in glass to decolourize it and fluorescent bulbs
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Praseodymium
Used in combination with neodymium, it’s primary use to make high power magnets. Also used in protective goggles as it protects against yellow flare and UV light and plastic / ceramics for vibrant yellow colouring
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Neodymium
An elemental twin of praseodymium, the principal use being in some of the world’s strongest magnets. Other important applications include laser range finders and guidance systems.
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Samarium
Primarily used in the production of permanent magnets and also in X-ray lasers, precision guided weapons and white-noise production technology.
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Europium
Primarily used in phosphors used in pilot display screens, televisions, and energy efficient fluorescent lights.