The_Gman
2 days ago
Fun Facts to Know and Tell #317.5
Who woulda thunk such a simple, well used phrase could cause so much confusion?
History and Meaning of “On Or About”
The term "On or About" is commonly used in legal documents to indicate an approximate or estimated date or location. It allows for some flexibility and avoids making a specific and potentially inaccurate claim that could be challenged by the defendant. The origins of this phrase are unclear, but it has been used in legal language for many years.
https://legal-explanations.com/definition/on-or-about/
NioCorp intends to file its audited consolidated financial statements for the fiscal year ended June 30, 2024 in its Annual Report on Form 10-K on or about September 13, 2024.
https://www.niocorp.com/niocorp-provides-preliminary-financial-results-for-the-fiscal-year-ended-june-30-2024/
I’ll make it a point to try and keep an eye out for any other misunderstandings. No need to thank me, I’m happy to help! Oh, and just FYI, 2023 was in October.
The_Gman
2 days ago
North America fortifies scandium supply
Critical Minerals Alliances 2024 - September 16, 2024
https://www.metaltechnews.com/story/2024/09/16/critical-minerals-alliances-2o24/north-america-fortifies-scandium-supply/1936.html
Given the growing critical role it will play in high-tech and defense applications, securing a stable and domestic supply of scandium is of paramount importance. This urgency has spurred various initiatives to explore and develop scandium resources within North America.
Scandium production initiatives
Presently, several projects in North America, as well as allied nations, are advancing scandium production and recovery through various methods, either directly or indirectly.
• NioCorp Developments Ltd. is advancing the Elk Creek project in Nebraska, which focuses on niobium alongside titanium and scandium. NioCorp is collaborating with automakers to develop aluminum-scandium vehicle parts, highlighting scandium's strategic role in enhancing vehicle performance and sustainability.
The_Gman
2 days ago
Unlocking America's critical minerals
Critical Minerals Alliances 2024 - September 16, 2024
https://www.metaltechnews.com/story/2024/09/16/critical-minerals-alliances-2024/unlocking-americas-critical-minerals/1942.html
An all-of-government strategy is beginning to unfold in the US.
Over the first two years following the passage of the Bipartisan Infrastructure Law and Inflation Reduction Act, the U.S. Department of Energy has invested billions of dollars into establishing a clean energy supply chain in the United States. These heavy investments, however, have neglected one vital link – the domestic mines needed to supply the processing facilities, battery plants, and other energy transition infrastructure that DOE has worked so hard to build.
Senators Lisa Murkowski, R-Alaska, and Joe Manchin, D-W.Va., both of which helped to author the domestic mining provisions in the BIL and IRA, are concerned that the White House's strategy is putting the U.S. in a situation where it becomes even more beholden to China and other countries for minerals and metals critical to the clean energy future.
EXIM does the heavy lifting
The Export-Import Bank of the United States has emerged as the federal government's heavy lifter when it comes to funding domestic critical mineral mining projects.
A month after the invitation to Perpetua, EXIM offered a similar but smaller $800 million loan to NioCorp Developments Ltd. to fund the development of a mine at the Elk Creek project in Nebraska that would provide a domestic source of 17 minerals deemed critical to the U.S.
"Our goal is to make North America less dependent on foreign suppliers for the critical minerals we need to transition to a clean energy and less carbon-centric economy," says NioCorp Developments Chairman and CEO Mark Smith.
To achieve this mission, the company plans to produce niobium and titanium, key ingredients in an emerging rapid-charging solid-state battery technology; scandium used in lightweight and durable alloys for automotive, aerospace, and defense applications; and 14 rare earths essential for numerous high-tech, military, and everyday applications.
Global automaker Stellantis has already agreed to offtake future neodymium, praseodymium, dysprosium, and terbium produced at Elk Creek. These rare earths are key ingredients in the powerful magnets that go into the motors driving EVs, including electrified versions of the automaker's Jeep, Dodge, and Ram brands that are popular in North America.
The EXIM loan would cover about two-thirds of the $1.2 billion currently estimated cost to develop Elk Creek. The total costs, however, will likely be higher with the completion of an updated feasibility study for Elk Creek that includes the recovery of rare earths, which is expected later this year.
"As I see it, the stars are increasingly aligning behind our Elk Creek project and 2024 promises to be a momentous year for NioCorp," said Smith.
Prudent Capitalist
2 days ago
NioCorp To Discuss Technology Innovation at Scandium Symposium
NioCorp CEO Mark Smith and COO Scott Honan to present at the 3rd Annual Scandium Symposium in Washington, D.C. on October 14, 2024
CENTENNIAL, Colo. (Sept. 16, 2024) – NioCorp Developments Ltd. (“NioCorp” or the “Company”) (NASDAQ:NB) will provide an update to markets and government leaders at the 3rd Annual Scandium Symposium in Washington, D.C. on October 14, 2024 on the Company’s efforts to advance technology innovation that relies on scandium to lightweight vehicles, cut automotive manufacturing costs, and reduce CO2 emissions.
NioCorp is sponsoring and will present at the Scandium Symposium, hosted by Metal-Events Limited, which will be held at the Grand Hyatt Hotel in D.C. More information on the event can be seen here.
NioCorp CEO and Executive Chairman Mark Smith and Chief Operating Officer Scott Honan will both speak at the conference on NioCorp’s plans to establish the U.S. as a global leader in the production of scandium through the Company’s Elk Creek Critical Minerals Project (the “Elk Creek Project”). They will both discuss ongoing collaboration with manufacturers to advance the use of scandium in various transportation systems and platforms.
# # #
CONTACTS:
Jim Sims, Chief Communications Officer, 720-334-7066
Email: jim.sims@niocorp.com
@NioCorp $NB #niobium #scandium #titanium #rareearth #neodymium #dysprosium #terbium #ElkCreek #EV #electricvehicle
NorCalTommy
5 days ago
SagittariusA- there's one HUGE difference tho..... I am sure that SpaceX does not tell their investors that their demo testing will be done in weeks when it takes almost 2years, and they don't drag them thru Hail Mary SPAC's, and they don't go dark without informing their investor base last minute (literally the last 2 minutes of a meeting) that they are out of money and can't afford the FS oh, and by the way.... our Gubmint savior EXIM, needs much more DD and drilling, and all that will probably take another 9 months minimum..... THAT IS IF/WHEN WE CAN GET FINANCING.......
no...... you can be certain that Elon and SpaceX are much more proactive, professional and handle their IR with much more respect for their shareholders........ we, on the other hand, are a very REACTIVE company, things SUPRISE US all the time..... oops.... another 'UNFORSEEN' and lengthy set of tasks pops up OUT OF THE BLUE'.... and sets us back another year or 2 yrs....... Has anyone/everyone else noticed this phenomenon where NIO mgmt. seems to always get flat footed and have to settle for the lesser of all options??? (think SPAC, EXIM, etc.....) thus the controlling entity jerks us around and around..... The classic example of the 'TAIL WAGGING THE DOG' is on full display every day here in Nio-Ville...
Blah blah blah..... yadda yadda and freakin' yaddda..... and the beat (down) goes on and on and on....... ad nauseaum.....
'Reset the 9 month clock and go back to sleep...... ZZZZZZZZZZzzzzzzzz.
NCT (Aka) AR (Always Realistic)