Brazil niobium miner Companhia Brasileira de Metalurgia e Mineração (CBMM) has inked a deal with British high-performance luxury carmaker Briggs Automotive Company (BAC) to supply niobium for the production of ultra-light, high-speed cars.
CBMM will work with BAC to develop a new sports car using high amounts of niobium a metal that makes steel more resistant.
The partners expect the final product, a race car for use on the streets, will be more fuel-efficient due to its light weight and greater speed.
“The use of metal alloys enriched with niobium in the chassis will lead to a reduction of the material necessary to achieve the structural objective of the vehicle,” Pablo Salazar, head of mobility at CBMM, told the O Estado de S. Paulo.
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