Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: TobagoJack who wrote (44510)	1/11/2004 8:25:20 PM
From: elmatador	of 74559

Can Niobium rise to the stratosphere? <<Appreciable amounts of columbium in the form of high-purity ferrocolumbium and nickel columbium are used in nickel-, cobalt-, and iron-base superalloys for such applications as jet engine components, rocket subassemblies, and heat-resisting and combustion equipment.>> During the 60's space race Niobium was in high demand. Now Bush brought his new prestige project: Put a colony in the Moon and then send a manned spacecraft to Mars. Could the herald a new lease of life for Niobium? Can it go high as China spends on space and Bush's prestige project? Can we make money out of it? <<Nuclear engineering professor Samim Anghaie and graduate student Travis Knight are developing a fuel for use in a nuclear thermal propulsion rocket that would carry a manned mission more quickly into Mars' orbit. This fuel, a mixture of uranium, zirconium, and niobium in solid carbide form, serves as the core of a reactor that can produce heat – from the fission of the uranium – that exceeds 5,000° F. Hydrogen circulates through the reactor and passes by the heat source and then through the rocket's nozzle to provide the thrust.>> wired.com

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