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Thursday, July 20, 2017 10:41:10 AM
So it could very well be that the DoD will take a 103 tonne stake in our scandium. Wouldn't that be "GREAT"!
Talk about putting NioCorp in the Lime-Light - and on every front page in the USA!
NioCorp Praises U.S. Senate Armed Services Committee For Approving Legislation Regarding U.S.-Produced Scandium
CENTENNIAL, Colo. (July 20, 2017) – NioCorp Developments Ltd. (“NioCorp” or the “Company”) (TSX: NB; OTCQX: NIOBF; and FSE: BR3) today praised the U.S. Senate Armed Services Committee (“SASC”) for its recent approval of legislation requesting a U.S. Department of Defense (“DoD”) briefing on the potential strategic value of U.S.-produced scandium. The legislation also “strongly encourages” the DoD to consider entering into commitments to purchase strategic and critical materials from U.S. domestic producers that are not yet in production but which the DoD believes are likely to initiate production of such materials within the next five years.
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