May 18th, 2016
Why Everyone Wants to Buy Niobium
Niobium -- named for a Greek goddess who became a symbol of the tragic mourning mother -- is used to produce stronger, lighter steel for industrial pipes and aircraft parts. It is mined in only three places on Earth, and the price of every kilogram is seven times higher than copper. Bloomberg's Thomas Biesheuvel reports on "Bloomberg Markets." (Source: Bloomberg)
