Niocorp Developments Ltd (NB)

[tedro84]

Correct, except for one thing. This article has a typo. Chemours raised prices by $150/tonne, not to $150 per tonne.

Chemours is not a miner. This is where the specialty chemical argument comes into play. They are selling a finished good direct to paint manufacturers and other companies.

Niocorp's plans for titanium have only been to sell it as a raw good with minimum 95% purity. It's a byproduct after all. You can get historical prices from the USGS. It was actaully .74/kg for 2016 and estimated at .74/kg for 2017. The USGS uses the same Australian source that SRK used for the .88/kg estimate in the FS.

The other link posted was to a titanium alloy and is just as absurd as checking alibaba, amazon, or ebay for commodity prices.