Niocorp Developments Ltd (NB)

[Revello]

The House and Senate Conference Report on the NDAA for FY 2018 has been published (they haven't yet assigned a Report No. to it).

Of note, the conferees agreed to authorize an additional $5 million, as a line item increase to Research, Development, Test and Evaluation fund authorizations for "END ITEM INDUSTRIAL PREPAREDNESS ACTIVITIES" for:

"Development of improved manufacturing technology for separation,
extraction, smelter, sintering, leaching, processing, beneficiation,
or production of specialty metals such as lanthanide elements, yttrium
or scandium."

No other mention of "scandium" in the report, fyi.

If you want to review the report, you can download it at the following link: [url]http://docs.house.gov/billsthisweek/20171113/HRPT-115-HR2810.pdf