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Company Profile: Cradle Resources Limited (ASX: CXX) owns 50% of niobium deposit “Panda Hill” in Tanzania. Cradle’s holding of Panda Hill places it on the path to be the first new niobium producer in 40 years. On the Australian Securities Exchange or ASX, Cradle Resources Limited is listed under the ticker “CXX”. Mr. Ian Middlemas is the Chairman of Cradle Resources, and Mr. Grant Davey is the Executive Director.