A new ore, dubbed niobobaotite, was discovered in Inner Mongolia's Bayan Obo deposit and contains the rare earth element niobium — a valuable metal that acts as a superconductor and could revolutionize battery technology.
China discovers never-before-seen ore containing a highly valuable rare earth element
Source: space
Source Link: https://www.space.com/china-niobobaotite-discovery-rare-earth-element