Niocorp Developments Ltd (NB)

[AlwaysOptimistic]

Read the press release again from last week and check page 287 of the Fiscal Year 2018 National Defense Authorization Act.

"Under the leadership of SASC Chairman Senator John McCain (R-AZ) and Senator Jack Reed (D-RI), and with support from both Republican and Democratic members of the SASC, the Committee recently approved the following language on page 287 of the Committee Report accompanying the Fiscal Year 2018 National Defense Authorization Act (“NDAA”), which is publicly available here:  https://www.congress.gov/115/crpt/srpt125/CRPT-115srpt125.pdf
 
“Domestic production of Scandium.  Given the planned initiation and production in the United States within the next 5 years of as much as 100 metric tons of Scandium, the committee directs the Secretary of Defense to provide a briefing on the potential defense and industrial uses of Scandium to the congressional defense committees by December 1, 2017.”