Producer

Companhia Brasileira de Metalurgia e Mineração (CBMM)

HQ BR · Minas Geraiswebsite ↗

World's dominant niobium producer, controlling ~75-80% of global ferroniobium supply from its Araxá mine in Minas Gerais, Brazil. Owned 70% by the Moreira Salles family (former Unibanco banking dynasty), 15% by a Japanese-South Korean consortium, and 15% by a Chinese investor group. The Araxá ore body contains approximately 70% of world's known niobium reserves. Products include ferroniobium, niobium oxide, and niobium metal. Expanding into battery-grade niobium materials (NbO2 anode).

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Goods downstream

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Facilities

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Stories

What they make

1 input Companhia Brasileira de Metalurgia e Mineração (CBMM) supplies

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What else they do

Business segments

The company's full revenue map — where this supply-chain role fits within their broader business.

  • Ferroniobium

    82%
  • Niobium Oxide

    10%
  • Other Niobium Products

    5%
  • Niobium Battery Anodes

    3%

Intelligence

What's known

Sourced claims about this company's role in supply chains — chokepoints, concentration, incidents, dual-use connections.

  • Chokepoint2025

    CBMM's 77% single-company market share is partially mitigated by mixed ownership: 70% Moreira Salles family (Brazilian), 15% Japanese-South Korean consortium, 15% Chinese investor group. The Chinese stake (acquired ~2011) means that any US-China trade war or export control action affecting Chinese ownership could create governance or financing uncertainty at the world's dominant niobium producer. Analyst Eli Grant (2025) noted: "Geopolitical vulnerability: Brazil controls 90% of global niobium production, with China's influence growing via its stake in CBMM."

    Canadian Mining Journal
  • Did you know2024

    CBMM launched the world's first commercial niobium-based battery anode facility in November 2024 at Araxá. CBMM's niobium oxide (NbO2) anode material charges faster than graphite and operates at safer voltages, targeting EV batteries and grid storage. Battery materials sales grew from 400 tonnes (2022) to 600 tonnes (2023), projected to exceed 1,000 tonnes in 2024. CBMM forecasts battery sector revenues will reach 25% of total by 2030, up from 5% in 2024. A company historically known as a steel additive supplier is quietly becoming a battery materials producer — the same Araxá mine that supplies HSLA steel now aspires to supply EV batteries.

    SFA (Oxford)
  • Origin2023

    CBMM was founded in 1955 by the Moreira Salles family — the same Brazilian banking dynasty behind Unibanco — to develop the massive pyrochlore deposit at Araxá, Minas Gerais. Niobium was a curiosity metal until the 1960s, when steelmakers discovered that adding just 50-100 grams per tonne made high-strength low-alloy (HSLA) steel dramatically tougher and lighter. Global steel demand for niobium subsequently exploded, and CBMM found itself the accidental gatekeeper of a resource critical to modern infrastructure: the deposit at Araxá was estimated to contain more niobium than all the rest of the world combined.

    CBMM
  • Concentration2024

    CBMM (Companhia Brasileira de Metalurgia e Mineração) holds approximately 77% of global ferroniobium market share in 2024, making it the most concentrated single-company supply position of any critical mineral in industrial use. CBMM operates a single mine and processing complex in Araxá, Minas Gerais. The EU sources 92% of its niobium from Brazil (primarily CBMM). Brazil's Araxá carbonatite contains ~70% of the world's known niobium reserves, and can sustain current production rates for over 200 years. CBMM sells to 50+ countries through subsidiaries in North America, Europe, and Asia.

    SFA (Oxford)