Superalloy Update from NioCorp
NioCorp Developments Ltd. <jim.sims@niocorp.com>
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Dear Colleague:
As the Wall Street Journal noted last week:
"Automakers are rediscovering steel ... by 2025, the amount of lightweight, high-strength steel in a car or light truck in North America is projected to rise to an average 483 pounds, 76% above the 2015 average, according to industry consultancy Ducker Worldwide."
This trend is very good for superalloy metals that help make High Strength, Low Alloy (HSLA) steels -- such as Niobium -- and for projects such as NioCorp's Elk Creek Superalloy Materials Project that plan to produce Niobium. Greater use of HSLA steels with Niobium make vehicles stronger, safer, and more fuel efficient. That helps automakers meet increasingly stringent vehicle emissions standards.
In another development of interest, a recent independent analysis shows that Scandium can deliver revolutionary value in commercial aviation. Scandium is another superalloy metal that NioCorp intends to produce through its Elk Creek Project.
Information on these developments, and much more, can be seen below. I hope you find these materials useful.
Jim Sims
NioCorp Developments Ltd.
jim.sims@niocorp.com
About Our Project
This 2-page backgrounder provides basic information about our Elk Creek Superalloy Materials Project in southeast Nebraska.
Results of the Elk Creek Project Feasibility
This press release summarizes the high-level results of the Elk Creek Project Feasibility Study.
Full Text of the Elk Creek Feasibility Study
You can download the full NI 43-101 Technical Report of the Elk Creek Feasibility Study here or on SEDAR.
Detailed Corporate Presentation
You can learn a lot more about superalloys and NioCorp's flagship Elk Creek Project through our latest corporate presentation, available here.
Scandium - Saving Money In Transportation
A recently published analysis by a scandium technology expert predicts that scandium can deliver revolutionary value to the aviation industry.
Video: Superalloys and the Elk Creek Project
See this short video here. The same video with Dutch subtitles can be seen here.
Video: Interview with CEO Mark Smith on ProactiveInvestors
See this recent news interview with NioCorp's Executive Chairman and CEO Mark Smith, conducted in the London studios of Proactive Investors.
Video: NioCorp's Recent Nebraska Public Town Hall Meeting
See this 2-hour recording of the live video webcast from NioCorp's recent public Town Hall Meeting in southeast Nebraska.
Video: NioCorp Leaders Speak to the Feasibility Study
In this video, Mark Smith, NioCorp’s CEO, and Scott Honan, NioCorp’s VP of Business Development, discuss the results of the Elk Creek Feasibility Study.
Omaha World-Herald: Long-discussed niobium mine in southeast Nebraska is ready to move forward See this recent article about NioCorp's Elk Creek Project in the Omaha World Herald.
Wall Street Journal: Steel is Back in Style with Automakers
See this recent article in the Wall Street Journal about the growing use of High-Strength, Low-Alloy steel by the automotive industry.
See All Recent NioCorp News Releases
You can see recent news releases issued by NioCorp here.
Most Recent NioCorp Financial Disclosures
Go here to see links for NioCorp's publicly disclosures regarding our financial statements.
Board Of Directors
Background on our highly experienced Board of Directors can be seen here.
The Management Team
NioCorp's management team is one of of the most experienced in the junior mining sector. See details here.
Get Updates
You can also sign up to receive our news releases directly by email here.
Source: NioCorp Developments Ltd.
@NioCorp $NB $NIOBF #Niobium #Scandium #ElkCreek
For More Information
Contact Jim Sims, VP of External Affairs, NioCorp Developments Ltd., 855-2-NIOCORP (855-264-6267), jim.sims@niocorp.com
About NioCorp
NioCorp is developing a superalloy materials project in Southeast Nebraska that will produce niobium, scandium, and titanium. Niobium is used to produce superalloys as well as High Strength, Low Alloy ("HSLA") steel, which is a lighter, stronger steel used in automotive, structural, and pipeline applications. Scandium can be combined with Aluminum to make super-high-performance alloys with increased strength and improved corrosion resistance. Scandium also is a critical component of advanced solid oxide fuel cells. Titanium is used in various superalloys and has extensive uses in aerospace, defense, transportation, medical, and other applications. It also is a key component of pigments used in paper, paint and plastics.
Cautionary Statements
Neither TSX nor its Regulation Services Provider (as that term is defined in the policies of the TSX) accepts responsibility for the adequacy or accuracy of this document. Certain statements contained in this document may constitute forward-looking statements, including but not limited to potential future production at the Elk Creek Project, anticipated products to be produced at the Elk Creek Project, the future critical and strategic nature of niobium and scandium, anticipated costs of production at the Elk Creek Project being competitive, and anticipated competitive advantages. Such forward-looking statements are based upon NioCorp’s reasonable expectations and business plan at the date hereof, which are subject to change depending on economic, political and competitive circumstances and contingencies. Readers are cautioned that such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause a change in such assumptions and the actual outcomes and estimates to be materially different from those estimated or anticipated future results, achievements or position expressed or implied by those forward-looking statements. Risks, uncertainties and other factors that could cause NioCorp’s plans or prospects to change include risks related to the Company's ability to operate as a going concern; risks related to the Company's requirement of significant additional capital; changes in demand for and price of commodities (such as fuel and electricity) and currencies; changes in economic valuations of the Project, such as Net Present Value calculations, changes or disruptions in the securities markets; legislative, political or economic developments; the need to obtain permits and comply with laws and regulations and other regulatory requirements; the possibility that actual results of work may differ from projections/expectations or may not realize the perceived potential of NioCorp’s projects; risks of accidents, equipment breakdowns and labor disputes or other unanticipated difficulties or interruptions; the possibility of cost overruns or unanticipated expenses in development programs; operating or technical difficulties in connection with exploration, mining or development activities; the speculative nature of mineral exploration and development, including the risks of diminishing quantities of grades of reserves and resources; and the risks involved in the exploration, development and mining business and the risks set forth in the Company’s filings with the SEC at www.sec.gov. NioCorp disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise.
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