Niocorp Developments Ltd (NB): I am not an expert on global trade. Elk...

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Re: jomtom post# 35223

Friday, 04/06/2018 7:00:00 AM

Friday, April 06, 2018 7:00:00 AM

I am not an expert on global trade. Elk Creek is meant to replace imports of what the US government considers strategic materials and minerals. The US is currently 100% depending on imports. Europe, Korea, Japan and China are also depending on imports. Currently there is practically only one supply source : Brazil. The demand side needs another reliable supply source. Prices for Niobium are currently rising since demand is langer than supply. If a real trade war develops that would be good for local US steel and aluminium production. Conclusion for Elk Creek it works out positive imo.

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