ADVFN Logo
Registration Strip Icon for default Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.
NioCorp Developments Ltd

NioCorp Developments Ltd (NB)

3.43
0.00
(0.00%)
Closed September 24 4:12PM

Empower your portfolio: Real-time discussions and actionable trading ideas.

Key stats and details

Current Price
3.43
Bid
3.23
Ask
3.60
Volume
-
0.00 Day's Range 0.00
2.70 52 Week Range 7.14
Previous Close
3.43
Open
-
Last Trade
Last Trade Time
Average Volume (3m)
-
Financial Volume
-
VWAP
-

NB Latest News

NioCorp Achieves Processing Breakthrough in Demonstration Plant Testing of Niobium and Titanium Production

NioCorp Achieves Processing Breakthrough in Demonstration Plant Testing of Niobium and Titanium Production PR Newswire CENTENNIAL, Colo., April 4, 2023 New Process May Allow NioCorp to Produce...

NioCorp to Ring The Nasdaq Stock Market's Opening Bell

NioCorp to Ring The Nasdaq Stock Market's Opening Bell PR Newswire CENTENNIAL, Colo., March 28, 2023 NioCorp's Executive Team to Visit New York City and Ring the Opening Bell at The Nasdaq Stock...

NioCorp's Stock Now Trading on the Nasdaq Stock Market

NioCorp's Stock Now Trading on the Nasdaq Stock Market Canada NewsWire CENTENNIAL, Colo., March 21, 2023 CENTENNIAL, Colo., March 21, 2023 /CNW/ -- NioCorp Developments Ltd. ("NioCorp" or the...

NioCorp Closes Business Combination with GXII and Separate Financing Deals Providing Access to Up to US$71.9 Million in Net Proceeds Over the Next Three Years

NioCorp Closes Business Combination with GXII and Separate Financing Deals Providing Access to Up to US$71.9 Million in Net Proceeds Over the Next Three Years PR Newswire CENTENNIAL, Colo., March...

NioCorp Gains Access to as Much as $71.9 Million in Net Proceeds Over the Next Three Years from its SPAC Transaction and Two Additional Financings as it Prepares to Launch Trading on the Nasdaq Stock Market

NioCorp Gains Access to as Much as $71.9 Million in Net Proceeds Over the Next Three Years from its SPAC Transaction and Two Additional Financings as it Prepares to Launch Trading on the Nasdaq...

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
1003.433.433.4300CS
4003.433.433.4300CS
12003.433.433.4300CS
260.010.2923976608193.425.42.744133.57283945CS
52-2.27-39.82456140355.77.142.780264.19995108CS
156-6.07-63.89473684219.517.12.76616210.94515243CS
260-2.37-40.86206896555.820.82.79358710.39390585CS

Movers

View all
  • Most Active
  • % Gainers
  • % Losers
SymbolPriceVol.
VRTSVertiqal Studios Corporation
$ 0.03
(50.00%)
571.68k
XMF.AM Split Corp
$ 0.42
(50.00%)
2k
SCYScandium International Mining Corp
$ 0.02
(33.33%)
2k
BNGBengal Energy Ltd
$ 0.025
(25.00%)
66k
OGDOrbit Garant Drilling Inc
$ 0.58
(20.83%)
21.83k
GVCGlacier Media Inc
$ 0.11
(-26.67%)
70k
DIAMStar Diamond Corporation
$ 0.035
(-12.50%)
628.22k
YRBYorbeau Resources Inc
$ 0.04
(-11.11%)
114k
TLGTroilus Gold Corp
$ 0.335
(-10.67%)
26.67k
PPRPrairie Provident Resources Inc
$ 0.05
(-9.09%)
41.5k
CNQCanadian Natural Resources Ltd
$ 46.53
(1.88%)
9.84M
TDToronto Dominion Bank
$ 85.74
(-0.66%)
9.51M
CMCanadian Imperial Bank of Commerce
$ 82.90
(-0.24%)
6.37M
CSCapstone Copper Corp
$ 10.48
(6.94%)
5.12M
CVECenovus Energy Inc
$ 23.34
(0.39%)
4.33M

NB Discussion

View Posts
The_Gman The_Gman 1 hour ago
Aside from failing to identify sources, the timing of when things were actually said, and not "checking with company," what's wrong with the facts and quotes in the article? The information was obviously taken from publicly available information on NioCorp's website including the 2023 report and
https://www.niocorp.com/niocorps-elk-creek-project-confirmed-as-the-second-largest-indicated-or-better-rare-earth-resource-in-the-u-s/
There may be other pages, I haven't scrutinized it line by line. It also says the ultimate costs may be higher. I'm not saying it's the best written article I ever read, and I'm not saying I'm not still 100% supportive of the project, but I'm not seeing trash and disinformation either (in the article or the post).
"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.
👍️0
ge11 ge11 2 hours ago
Gman as I stated in my post "we all appreciate your DD", the problem is with the article....EOM

This publication did not check with us on these issues prior to publication of this article, which is often the case with internet-based articles like this.
👍️0
LCP77 LCP77 4 hours ago
Completely incorrect. Even the railveyor admitted that the economics were unproven in this case with the water issues. Just a 10,000 post dreamer who for some reason has ignored facts for over a decade and seriously degraded his retirement by being blind to facts.
🎯 2 👍️ 1
PutzMueler PutzMueler 4 hours ago
Realistically if it doesn’t matter whether or not the feasibility study is full and complete then that should just get us to a decision by EXIM more quickly.

Don’t forget our entire project has changed with RailVeyor. But the obvious advantages of RailVeyor outweigh the lengthiness of the process.
The important stuff should be known already, with the REE and Commercial Scale Plant results .
Put it to work.

Shrug

https://www.railveyor.com/
👍️ 1 🚽 1 🤣 1
The_Gman The_Gman 4 hours ago
Please feel free to call out any other inaccuracies from my posts. As I'm not in the habit or business of posting inaccurate or misleading information (and actually go to great lengths to ensure that), I would much rather have the correct information out there, both as an investor and as someone who believes that honesty is the best policy. In other news, Jim knows who I am and how to reach me, so if he ever has any concerns about my posts, he too is absolutely welcome to let me know..
🚸 1 🤣 1
bigal9999 bigal9999 4 hours ago
Indirectly related to Niocorp as relating to EXIM issuing Letters of Interest to REE projects:

https://www.globenewswire.com/en/news-release/2024/09/24/2952142/0/en/EXIM-Bank-Issues-Letter-of-Interest-to-Fund-up-to-US-456M-for-Wyoming-Rare-Earth-Project.html

Big Al
👍️ 1 🗑️ 1 🚮 1
LCP77 LCP77 4 hours ago
WTF is wrong with a full FS? This sad joke just gets worse and worse. A partial FS might be okay for EXIM? Well, what parts get left out? Matheson’s fantasy now non-arms length scandium inputs? Totally pathetic on every front.
👍️ 1 💯 1
The_Gman The_Gman 5 hours ago
Relative to whether the DD is accurate, I post what I find for informational purposes and make no assertions regarding validity. That's why I post the source and link. Everyone should continue with their own DD to their level of comfort. That being said, I did a little checking based on your post, and here are some facts:

It would appear the source of that information the author used in the article is the none other than the NioCorp 2023 Year in Review, Progress Positions NioCorp for Historic Advancements in 2024, dated 1/11/2024.
https://www.niocorp.com/niocorp-issues-2023-year-in-review-report/

Here's the quote from Mark from the report:
While I wanted to see 2023 be the year in which we formally launched construction of this historic and much-needed critical minerals project in Nebraska, I have never been more confident of success in securing the project financing we need to move the Elk Creek Project forward. As I see it, the stars are increasingly aligning behind our Elk Creek Project, and 2024 promises to be a momentous year for NioCorp.
GE, your question to Jim, "The article that came out today states the FS to be completed later this year....is this correct?" is actually incorrect. The article states that the study is expected to be completed this year, not that it will be, see below.

Direct quote from the article:
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.
Direct quote from the Niocorp page:
With that important effort behind us, we are now working to incorporate rare earths into our mineral reserve, complete the engineering required to support the new process design, update project capital and operating cost estimates, and produce other information required for publication of an updated Feasibility Study for the Elk Creek Project. I expect that to be issued as early as possible in 2024, contingent upon raising the necessary funds to complete this work.
So, it's an accurate quote from Mark, the date is off by about 9 months, and the expectation of completion in 2024 is clearly stated by Mark in the NioCorp report. Hardly trash and disinformation as far as I'm concerned, but whatever.

Good to know though regarding the lack of identified sourcing and timing of quotes in the articles. The author has thousands of articles on Metal Tech News and North of 60 Mining News.
😂 1 🤣 1
monocle monocle 5 hours ago
Thanks for posting. Are you surprised that Niocorp doesn't know yet what information exom needs after all this time?
👍️ 1 ✔️ 1
ge11 ge11 6 hours ago
NorCal Tommy, we all appreciate Gman's DD, but it is not always accurate. I asked Jim about this article, might not be exactly what we want to hear, but it is accurate-see below.

Thanks Jim...appreciate your reply!!


Hide original message
On Tuesday, September 17, 2024 at 12:41:10 PM CDT, Jim Sims <jim.sims@niocorp.com> wrote:


Greg –
This publication did not check with us on these issues prior to publication of this article, which is often the case with internet-based articles like this.

Portions of the work required to update the FS are now completed, others are expected to be completed in 2024/2025, but all of this work, and the expected timing of completion, is contingent upon additional funding. As that funding is secured, we will notify the market in widely disseminated news releases. Additionally, we are in the midst of discussions with EXIM as to what FS-level data will be required for our loan processing, and what will not be required. That is an ongoing discussion. We will report to the market specifics on the progress we are making once determinations are made with our prospective lenders and investors.

Thx for reaching out to check on this rather than rely on the trash and disinformation that is posted on anonymous internet message boards.

Jim Sims

Chief Communications Officer

NioCorp Developments Ltd.

Jim.sims@niocorp.com

+1 (303) 503-6203

https://www.niocorp.com



From: Greg
Date: Tuesday, September 17, 2024 at 9:24?AM
To: Jim Sims <Jim.Sims@niocorp.com>
Subject: FS Timeline

Jim,

The article that came out today states the FS to be completed later this year....is this correct?

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.

Unlocking America's critical minerals



Unlocking America's critical minerals
An all-of-government strategy is beginning to unfold in the US. Over the first two years following the passage o...





Thanks

Greg

NioCorp shareholder
👍️ 1
NorCalTommy NorCalTommy 6 hours ago
Thanks G$money!
😂 1
The_Gman The_Gman 7 hours ago
Last couple of lines and a link

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175094498
👍️ 2 🗑️ 1 🚮 1
The_Gman The_Gman 7 hours ago
Whatever makes you happy!
🚽 1 🪠 1
NorCalTommy NorCalTommy 7 hours ago
Hi Gman- I'm trying to remember when Mark said that 2024 promises to be a momentous year.... was that part of a PR?

thanks! NCT aka (AR)- Always Realistic
👍️ 1 🤣 1
NavyHusker NavyHusker 7 hours ago
Maybe I should add 2024 to the list? It is a year old and probably needs updating: https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172676600
💯 1 🤣 1
The_Gman The_Gman 8 hours ago
Any forward movement from EXIM, Congress, or any other agency into pushing funding and support for domestic critical mineral projects and supply chain security is good for NioCorp simply because it's not bad. Maybe there's more behind the bush? As far as anyone knows, everything is still in play and remains that way until it's not. There are always those who will see only darkness at every turn. Mark predicted in January that 2024 could be a watershed year, and a couple of weeks ago said that 2024 promises to be a momentous year. He's got 98 more days to make his predictions reality.

https://nebraskapublicmedia.org/en/news/news-articles/niocorp-chief-knows-about-skeptics-predicts-watershed-year/
https://www.metaltechnews.com/story/2024/09/16/critical-minerals-alliances-2024/unlocking-americas-critical-minerals/1942.html
👍️ 1 🗑️ 1 🚮 1
dutchfree dutchfree 8 hours ago
Thanks for your outstanding DD!
👍️ 1
dutchfree dutchfree 8 hours ago
Thanks, and any relationship with Niocorp?
👍️0
The_Gman The_Gman 8 hours ago
Team Barnett is most likely:
Charles Barnett
EXIM Vice President of Program on China and Transformational Exports

https://www.exim.gov/leadership-governance/officers
👍️ 1 👙 1 👠 1
The_Gman The_Gman 8 hours ago
Google AI Response to CTEP Request

A "CTEP Request for a Non-Binding Resolution in Support of Critical Minerals and Rare Earth Elements Financings" would essentially be a formal proposal from the China and Transformational Exports Program (CTEP) of the Export-Import Bank of the United States, asking for a non-binding statement of support from relevant stakeholders to prioritize and facilitate financing for projects related to the development and extraction of critical minerals and rare earth elements, particularly when competing against Chinese companies in the global market.
Key points about this request:

Focus on Critical Minerals:
This resolution would specifically highlight the need to support projects focused on mining, refining, and processing of critical minerals like lithium, cobalt, graphite, and rare earth elements, which are essential for various technological applications including clean energy technologies.

Addressing Chinese Competition:
The CTEP is designed to help American companies compete against Chinese firms in export markets, so this resolution would aim to leverage the program's financing tools to ensure U.S. companies can secure critical mineral projects globally.

Non-Binding Nature:
While signifying support for these projects, the "non-binding" aspect means that the resolution would not legally obligate any party to take specific actions, but rather serve as a signal of intent and policy direction.

Potential benefits of such a resolution:

Policy Signal:
Could encourage other government agencies and private investors to prioritize critical minerals projects.

Market Confidence:
May attract more investment towards U.S.-based critical mineral development by demonstrating government support.

Supply Chain Resilience:
Could help secure domestic access to critical minerals, reducing reliance on foreign imports, particularly from China.

Important considerations:

Environmental Impact:
The resolution could need to address potential environmental concerns related to mining and processing of critical minerals.

Sustainability Standards:
May need to include provisions for responsible sourcing and adherence to high environmental and social standards in mining operations.

International Cooperation:
Could encourage collaboration with other countries to address the global critical minerals challenge.

https://www.exim.gov/about/special-initiatives/ctep
https://www.exim.gov/about/special-initiatives/ctep/critical-minerals
👍️ 1 🗑️ 1 🚮 1
dutchfree dutchfree 8 hours ago
Dealteam Barnet…… is he/she connected with Niocorp?
👍️0
LCP77 LCP77 9 hours ago
Apparently none as per the annual report:

“The PPL identified additional project activities to be undertaken by the Company in conjunction with the EXIM evaluation process. These include an updated mine plan and updated Elk Creek Project capital costs on a final or close-to-final basis reflecting updated process flows. Management is working with EXIM to continue to advance the project through the next stages of EXIM’s due diligence and loan application process. We are currently unable to estimate how long the application process may take, and there can be no assurances that we will be able to successfully negotiate a final commitment of debt financing from EXIM.”
👍️ 1
wagner wagner 9 hours ago
Interesting.........
🚽 1 🧻 1
TooSoon TooSoon 9 hours ago
Agenda for Sept 26, 2024 EXIM Meeting

Any insight what impact this has to the EXIM loan process for a company such as NioCorp?

https://www.exim.gov/news/minutes/board-meeting-minutes-2024-09-26

CHINA & TRANSFORMATIONAL EXPORTS PROGRAM (CTEP) DIVISION
Request for a Non-Binding resolution in Support of Critical Minerals and Rare Earth Elements Financings
NAC Review: No Public Notification: No Review Required: No
Required Decision: Approval
Deal Team: Barnett
👍️ 1 🗑️ 1 🚮 1
wagner wagner 13 hours ago
MP without positiv earnings
2.6 $ billions market capitalisation.......
🗑️ 1 🚮 1
ColdDarkHole ColdDarkHole 16 hours ago
Where you at Walter? I need to hear your positive spin on this empty bank situation.
😂 1 😬 1 🤐 1 🤣 1
ColdDarkHole ColdDarkHole 16 hours ago
LMAO Why would you post this crap from this guy?! Or anything pertaining to this guy?
👍️ 1 💯 1
wagner wagner 22 hours ago
Old Peter interview
https://www.asianmetal.com/metal_cron/index_lunshi_dickie_en.shtml
🗑️ 1 🙄 1 🚮 1 🫠 1
Truth and Transparency Truth and Transparency 23 hours ago
Mark lent the money and used the resource (ore body and land) as collateral to pay their wages and bonuses.

Can you imagine going into Nebraska and getting overwhelming support for your project, collecting millions upon millions from those local supporters. Then turn around and take away 90% of their equity (1 for 10 reverse split) in the company and giving up 30% of the company to some people who sacrificed NOTHING. Mark Smith and his crew, WTF!!!
👍️ 1
NavyHusker NavyHusker 1 day ago
I am getting more and more concerned about how they're going to get the money to pay $100k in bonus money to MS plus the extra few hundred thousand to pay the rest of the crooks their bonuses.
👍️ 3 💯 3 😓 1
ColdDarkHole ColdDarkHole 1 day ago
If nobody wants it, it's worthless. I'm not so sure anyone wants to mess with the ore body. It sure doesn't seem like it. I hope you are right.

It is not possible to force the issue. They do not give a shit and retail has no power and if retail did, they/we would not be able to put enough power together to do anything with it.
🎯 1 👍️ 1 🥺 1 🫠 1
PutzMueler PutzMueler 1 day ago
That won’t happen IMO.
Yes he could destroy all of our holdings like he has been already(giving it away), but he can never destroy what’s in the ground. That will be sold.

Every transaction is a secret, and then we lose money. Lol

It’s almost time to force the issue.
👍️ 1 💯 1 🗑️ 1 😂 1
ColdDarkHole ColdDarkHole 1 day ago
We don't disagree. That's what I was getting at. Now my question is what keeps the bankruptcy news release away? They are still making big plans about what they plan to do later but with zero money right now. We could have been in production by 2016, and now what keeps us out of bankruptcy with not even the foundation poured? Not looking good. Lightning has to strike out of nowhere because nothing is expected.
👍️ 1 ☑️ 1
PutzMueler PutzMueler 1 day ago
I guess we will agree to disagree.

Instead of being at Largo making him and Walter rich, he should’ve been at NioCorp drilling for REE’s and making our project suitable for financing.

Instead of IBC , he could have bought RARE EARTH SALTS Nebraska for a song.

Instead of TechMet and US vanadium, Try making our ORE attractive to finance.

He wasted 10 years looking after other companies while wasting away our investment, and in my opinion he new all along, nothing was going to happen. And so did Scott and Jim.

Why else didn’t they own shares in our going concern, If they thought financing was imminent?

Easy money or fools gold.

And we still have no idea about our project. It’s like we’ve gone back to 2012. The entire project has changed.

And don’t even get me started on his investments in LWLG and and selling off Quantum’s REE Assets in Saskatchewan and Australia.
🚽 1 🤣 1
LCP77 LCP77 1 day ago
I guess the annual lays it clear. EXIM wants to know total project cost. And likely who will make up the rest.

“The PPL identified additional project activities to be undertaken by the Company in conjunction with the EXIM evaluation process. These include an updated mine plan and updated Elk Creek Project capital costs on a final or close-to-final basis reflecting updated process flows. Management is working with EXIM to continue to advance the project through the next stages of EXIM’s due diligence and loan application process. We are currently unable to estimate how long the application process may take, and there can be no assurances that we will be able to successfully negotiate a final commitment of debt financing from EXIM.”

What a f’ing joke. This has been a joke from day 1 except for the gang of four who converted millions of fish money into their money.
👍️ 1 💯 1 😓 1 😩 1
ColdDarkHole ColdDarkHole 1 day ago
Yes I realize that, and it means jack shit. He can have have all the chairs he wants and it's not helping this broke ass company. At least not in all this time it hasn't yet. How many chairs will he have if this tanks? IBC isn't pretty either. Wouldn't look like much of a consultant or advisor after this nosedive.

Lol everyone says do some DD. It won't do shit for the company or even make you feel better, it will just make you wonder why we are still completely broke after "connecting dots" 🤣
👍️ 1 ✔️ 1
ge11 ge11 1 day ago
https://mil.in.ua/en/news/china-restricts-mineral-exports-to-us-defense-companies/
👍️ 1 🗑️ 1 🚮 1
PutzMueler PutzMueler 1 day ago
We both have the same chairman

Do some DD on the TechMet projects And can see who management is on all of them
🚽 1 🤣 1
ColdDarkHole ColdDarkHole 1 day ago
Do techmet and USvan have an actual business with products? We may never conflict with anything by the looks of it. We cant afford the shovel to dig the hole.
👍️ 1 💯 1
PutzMueler PutzMueler 1 day ago
How long do we have to wait, before TechMet, US vanadium, and NioCorp conflict with each other.

That should’ve happened a few years ago I would think, being that vanadium and niobium do the same damn thing for steel.

https://usvanadium.com/vanadium-industry-veteran-vincent-rocco-joins-us-vanadium/

https://www.techmet.com/us-vanadium/

Pick - Advisory Board
https://www.techmet.com/about/
😂 1 🤣 1
ColdDarkHole ColdDarkHole 2 days ago
Basically the same doom and gloom lines as the last 10-K. No surprises there. Nothing has happened in the last year except dilution and emptying the bank.
🎯 1 💯 1 😓 1 😭 1
LCP77 LCP77 2 days ago
Annual report is out. Get the popcorn.

https://www.sec.gov/ix?doc=/Archives/edgar/data/0001512228/000153949724001980/n2574_x219-10k.htm
👍️0
Truth and Transparency Truth and Transparency 2 days ago
Remember when Mark Smith was going to put out a monthly blog posting? Yeah, I believe there was one posting and then it stopped. They talk a big game, but constantly fall short of following through
👍️ 1
ColdDarkHole ColdDarkHole 2 days ago
Basically nothing since 2023 you mean. Digging up year old news releases is pathetic. That news release is as worthless today as it was then. We made an ingot in 2017 also. Remember how that went? They just closed that division of IBC. Post that one too. 🙄
💯 1 😢 1
wagner wagner 2 days ago
https://www.niocorp.com/niocorp-produces-ingot-of-aluminum-scandium-metal-alloy-using-environmentally-superior-process/

Automobil.. Since 2023
NioCorp is in commercial discussions with vehicle manufacturers that have expressed interest in potentially deploying aluminum-scandium alloys in electric and other vehicles in order to reduce vehicle weight, strengthen vehicle frames and other components, and improve performance.
👍️0
ColdDarkHole ColdDarkHole 2 days ago
There isn't any money anywhere by the looks of things. I suppose lightning could strike but its not looking good at all.
👍️0
ColdDarkHole ColdDarkHole 2 days ago
I would surprise me. We are flat broke and I don't think rio is anywhere near this disaster.
👍️ 1 ✔️ 1
The_Gman The_Gman 3 days ago
Sounds like Niocorp want to make all the remaining into alloy on-site and sell that. I think that's where the money is?
Full scale commercial production of master alloy. Assuming successful results at the pilot scale and commercial demonstration stages, and once project financing is obtained, NioCorp intends to secure an Engineering, Procurement, and Construction contractor to construct, start up, and commission a full-scale production facility with the capacity to consume up to the Elk Creek Project’s projected scandium production of approximately 100 tonnes (Sc metal contained in master alloy) per year. NioCorp intends to co-locate the full-scale production facility with the Elk Creek Project in Nebraska in order to take advantage of the infrastructure (i.e., low-cost power, water, and natural gas) that will be in place for mining operations.

NioCorp and Nanoscale also plan to develop recycling approaches for scrap alloy, including work-in-process material and post-production scrap.
https://www.niocorp.com/niocorp-succeeds-in-producing-scandium-metal-at-pilot-scale-as-part-of-its-aluminum-scandium-master-alloy-initiative/
👍️ 2 🗑️ 1 🚮 1
PutzMueler PutzMueler 3 days ago
It would not surprise me if a large portion of our remaining 90% Scandium metal or Scandium alloys have Rio Tinto‘s signature all over them.

from industry leaders like Rio Tinto, highlight a pivotal shift toward a more sustainable and resilient aluminum industry-one that is essential to powering the technologies of tomorrow while addressing the environmental challenges of today.
👍️ 1
Truth and Transparency Truth and Transparency 3 days ago
We’ve had a ton of wonderful, encouraging articles. Yet here we are sitting at 16 cents and all we had to do was give up 30% of the company for nothing in return except two deadbeats on the BOD.

I am very hopeful that this project is successful, but Mark Smith has damaged his credibility so much that it will be difficult for him to recover. My hope is we get a reasonable buyout.
👍️0

Your Recent History

Delayed Upgrade Clock