Are we a Brazilian company?
Yes, we are. It’s been working in Brazil to the world that we established ourselves in the international market. We are a privately held company with Brazilian ownership control. Our profit is realized and consolidated in Brazil, and all of our technology is generated in Brazil and the majority of our collaborators is allocated here as well.
Does Niobium only exist in Brazil?
No. Although 90% of the current global production of niobium products is concentrated in Brazil, there are deposits in Russia, Canada, Greenland, Angola, Gabon, Kenya, United States, China, Saudi Arabia, Australia, Tanzania, Democratic Republic from Congo, Finland, Malawi, Norway, South Africa, Zambia, Namibia, India, Spain and other countries.
Do we sell ore?
No, we don’t sell pyrochlore (the ore which is the base for the production of niobium). We only sell processed, industrialized products. The production process of our niobium products has metallurgical and chemical characteristics, and involves more than 15 processing and industrialization stages.
Do we have commercial subsidiaries?
Yes, we have a global presence. Our headquarters are located in Brazil, and we have offices and subsidiaries in China, the Netherlands, Singapore, Switzerland and the United States.
Do we ensure a stable, reliable supply?
Yes, we work constantly to ensure a stable supply for the entire market and, therefore, we measure our production capacity. Our products are kept in a wide network of outsourced warehouses, strategically located to serve our customers worldwide. Our warehouses keep sufficient stock levels to readily meet the needs of our customers, ensuring them access to an uninterrupted flow of high-quality products.
Are the prices of niobium products listed on the stock exchange?
No. Although we are a market leader, we are not the only company in the niobium segment and, therefore, we do have competitors. The prices of niobium products follow the supply and demand market rules and are based on the value that the product adds in the application chain.
Does CBMM have a partnership with the State of Minas Gerais?
We have our own mining rights, and so does the State of Minas Gerais through CODEMIG. Both entities leased their rights to Comipa, a private limited company with shared management created for the sole purpose of mining the ore (pyrochlore). Comipa sells pyrochlore exclusively to CBMM, which is responsible for the processing, industrialization and commercialization of final niobium products. CODEMIG receives, through profit-sharing corporation, 25% of the entire operation results (including the sale of products originated from CBMM's mining rights). The State of Minas Gerais, through CODEMIG, has participation in the subsidiaries profit, which is consolidated in CBMM Brazil. This partnership has existed in its current form since 1972. CODEMIG audits profit-sharing corporation on a quarterly basis.