Niocorp Developments Ltd (NB)

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Vanadium pricing continues it's upward spiral (demand and supply)...and niobium should/will get pulled along in Vanadium's slipstream- (the pricing gap between the two chemical elements is widening, even tho they do many of the same things)...

"vanadium prices spur Jiangsu Yonggang Group into replacing vanadium with niobium"

Date: Sep 27, 2018

BEIJING (Asian Metal) 27 Sep 18 – The current Chinese vanadium market sees prices going up dramatically. There are two reasons for this price increases: supply of raw material is tight; and demand is expected to pick up as new national standards on rebar will come into effect soon, and the gap between supply and demand in the vanadium market tends to widen continuously. A source from Jiangsu Yonggang Group revealed to Asian Metal that, under such a background the company decides to replace vanadium with niobium in its production and has commenced relevant technical adjustments; and accordingly it plans to cut its vanadium nitride consumption to purchase more ferroniobium.