Niocorp Developments Ltd (NB)

[rubberworm]

Right off NB full feas....

NioCorp is working with 10 potential customers at the time of writing, and discussions with these
potential customers are proceeding under the provisions of Non-Disclosure Agreements (NDAs).
These potential customers can be separated into the following categories or final end products:
1. Scandium/Aluminum alloys used in aerospace, automotive, and other applications to
increase strength and allow for reduction of weight. Interested customers are situated at
various points in the supply chains for aerospace manufacturing and operation; specialty
alloy manufacturing; and specialty minerals and metal brokers/distributors.
2. Solid Oxide Fuel Cells. Scandium is used in the electrolyte of solid oxide fuel cells to
increase the conductivity at lower temperatures, allowing for higher efficiency and longer life.
Discussions with interested customers in this industry and its supply chains are continuing.
NioCorp has produced a small quantity of 99.9% pure Scandium Trioxide during lab pilot
testing which meets or exceeds the purity needed for virtually all mainstream commercial
applications. This material has been sent, and will continue to be sent, to interested
customers for their analysis