Niocorp Developments Ltd (NB)

[tedro84]

I’ve stated before, I think there is a strategic value to niobium that cannot be priced into a feasibility study. The titatinium is relatively insignificant to the project. It is found in abundance in Canada, Australia, and other ally countries.

The future of scandium is unknown. If it takes off as some project then there are again mines in Canada and Australia that claim to be able to produce it at much lower prices than Niocorp and have much lower price projections. If your bet is on the critical minerals side, then you must ask yourself if you believe the US is going to go it completely alone in that regard. Ti and Sc can be produced in large enough amounts by our allies to serve our allies.

The Canadian supply of Nb is not sufficient to supply North America, Europe, and Australia. The only other supply is Brazil. I consider that and unstable supply politically. In a world of peace the Brazilians would otherwise control niobium.