ColdDarkHole
10 hours ago
YAY! Maybe in 5 years we can sell them some.
"Hello! HI! blah blah blah powerpoint blah, investor presentation at www.niocorp.com, blip bloop blah, 3rd feasibility study we cant afford yet, anal SPAC, blibbity blah, hopefully maybe trump our last chance in the burning hells, BLAH."
"ohhhh you are an unfunded greenfield junior mining company that is 4 years from anything if you got a billion dollars today. I see. Well hey man, have a good day. Take care now, bye bye then...."
jksalis
14 hours ago
The Epoch Times Front page article: "Trump Works to Cut US Dependence on Foreign Nations for Critical Minerals"
https://www.theepochtimes.com/business/trump-works-to-cut-us-dependence-on-foreign-nations-for-critical-minerals-5824871
"In anticipation of Trump’s latest executive order, NioCorp, a Colorado-based mining company, announced that it was ready to start construction of its Elk Creek Critical Minerals Project in Nebraska, where it will mine niobium, scandium, titanium, and rare earths essential to U.S. defense.
“America is ready to mine, baby, mine in order to reduce our dangerous dependence on China and the other nations of the BRICS cabal,” Mark Smith, CEO of NioCorp Developments, said in a statement, referring to the intergovernmental association of Brazil, Russia, India, China, and South Africa, among other countries that joined later."
danieldeubank
2 days ago
Mark A. Smith served as the Chief Executive Officer and Director of Molycorp, Inc., a rare earth mining company, from October 2008 until his resignation on December 11, 2012. His departure came amid challenges for the company, including an investigation by the U.S. Securities and Exchange Commission (SEC) into the accuracy of its public disclosures, which was disclosed in November 2012. During his tenure, Smith oversaw significant developments, such as the acquisition of Neo Material Technologies for approximately C$1.2 billion in 2012 and efforts to ramp up production capacity at Molycorp’s Mountain Pass mine in California. However, declining rare earth prices and operational challenges began to strain the company’s finances.
Molycorp filed for Chapter 11 bankruptcy protection on June 25, 2015, approximately two and a half years after Smith’s exit. The bankruptcy filing was driven by the company’s inability to manage its $1.7 billion debt load, exacerbated by a collapse in rare earth prices following China’s relaxation of export restrictions and Molycorp’s failure to generate consistent profits since 2011. The company had missed a $32.5 million interest payment earlier in June 2015, signaling its financial distress.
Smith’s resignation in December 2012 was framed by Molycorp as a natural transition point, with the company shifting from a development-stage entity to an operational one, requiring a different management style. Ross Bhappu, chairman of Molycorp’s board, noted this shift, and Constantine Karayannopoulos, former CEO of Neo Material Technologies, stepped in as interim president and CEO. While Smith’s departure was not explicitly linked to the SEC probe or the company’s looming financial troubles, it occurred during a period of significant uncertainty for Molycorp.
In summary, Mark A. Smith left Molycorp on December 11, 2012, roughly two and a half years—not precisely two years—before the company’s bankruptcy filing on June 25, 2015. His exit preceded the company’s most acute financial difficulties, which culminated in the Chapter 11 filing as Molycorp struggled with debt and market conditions.
Truth and Transparency
2 days ago
Agreed, Mark doesn’t seem to be getting much love from anyone. He had a ton of support from Nebraskans in the beginning, but hearing what Ms. Beethe had to say and the fact they haven’t held a town hall there in many years, the local support is gone. They went from having a great presence in the area several years ago, occupying an office in nearby Tecumseh, attending town halls, getting locals to invest in the project, to completely ghosting the local investor community! They have a lot of damage control to do before they ever parade their presence there again.
The_Gman
2 days ago
E.O. 14154 The Council on Environmental Quality (CEQ) is issuing this interim final rule to remove the existing implementing regulations for the National Environmental Policy Act of 1969, 42 U.S.C. 4321
et seq.,
as amended (NEPA), in response to Executive Order (E.O.) 14154,
Unleashing American Energy.
Among other things, E.O. 14154 rescinds E.O. 11991,
Relating to Protection and Enhancement of Environmental Quality,
which amended E.O. 11514,
Protection and Enhancement of Environmental Quality,
and directed CEQ to promulgate regulations for implementing NEPA and required Federal agencies to comply with those regulations. E.O. 14154 also directs CEQ to issue guidance on implementing NEPA and to propose rescinding the NEPA implementing regulations. This interim final rule carries out President Trump's latter instruction.
See
Section II.A. As explained in Section II.B of this rule, CEQ has also concluded that it may lack authority to issue binding rules on agencies in the absence of the now-rescinded E.O. 11191. CEQ cited E.O. 11991 as authority in 1978 when it first issued its NEPA regulations. However, that Executive Order has now been rescinded, and CEQ therefore has determined that it is appropriate to remove its regulations from the Code of Federal Regulations.
https://www.federalregister.gov/documents/2025/02/25/2025-03014/removal-of-national-environmental-policy-act-implementing-regulations
danieldeubank
3 days ago
As of today, March 14, 2025, there’s no officially signed EO on critical minerals from Trump’s current term that I can confirm with a specific title or number, but there’s strong indication of one in the works. Trump announced during his address to Congress on March 4, 2025, that he would "take historic action to dramatically expand production of critical minerals and rare earths here in the USA." Reports from Reuters and posts on X suggest this EO could have been signed as early as Wednesday, March 12, 2025, or might still be pending finalization.
The anticipated EO is expected to focus on boosting domestic production of critical minerals—like copper, lithium, cobalt, and rare earths—to reduce U.S. reliance on foreign adversaries, especially China, which controls much of the global supply chain. Key elements rumored to be included are:
Building refining facilities on Pentagon bases: This would leverage military land to process minerals, emphasizing national security and bypassing some regulatory hurdles faced by private projects.
Permitting reform: Streamlining bureaucratic processes to speed up mining and production, a priority echoed in Trump’s past EOs like 13817 (2017) and 13953 (2020).
Appointing a “Critical Minerals Czar”: A coordinator to oversee this push, similar to roles created in past administrations for other priorities.
No stockpile plan: Unlike some expectations, it reportedly won’t mimic the Strategic Petroleum Reserve for minerals.
This builds on Trump’s earlier actions—EO 13817 (2017) identified 35 critical minerals and set a strategy to secure them, while EO 13953 (2020) declared a national emergency over supply chain vulnerabilities. Recent moves in 2025, like EO 14156 ("Declaring a National Energy Emergency") and EO 14154 ("Unleashing American Energy") signed on January 20, 2025, also tie into this narrative by addressing energy and mineral shortages as security threats.
However, without an official document or White House confirmation as of my last update, the EO’s status remains “pending” or potentially just signed but not yet publicized in detail. The exact scope might still be under discussion, as plans can shift before signing, per sources like Reuters.