non-sense guys the Anglo mine was not just a niobium mine. the...

non-sense guys

the Anglo mine was not just a niobium mine. the majority of revenue (80%) came from phosphate last year

last year (2015), the niobium performance was very bad, averaging revenue of US$21.76/kg compare to $39/t in the prior year

the opex was $14/kg

as stated, the niobium price received was US$21.76/kg, which is the same as CXX's operating costs

MARKETS
Niobium Despite a strong first six months, worldwide demand for ferroniobium has softened, while global production capacity has increased slightly. This decline in demand was driven by the challenging conditions in the Chinese steel industry and lower investments in oil and gas pipeline steel. As a result, average niobium prices weakened across all regions

http://www.angloamerican.com/~/media/Files/A/Anglo-American-PLC-V2/documents/aa-ar-15.pdf