Friday, February 15, 2019 2:51:41 PM
About Largo Resources
Largo is a Toronto-based strategic mineral company focused on the production of vanadium flake, high purity vanadium flake and high purity vanadium powder at the Maracás Menchen Mine located in Bahia State, Brazil.
NioCorp Developments Ltd. is a U.S.-based mineral development company focused on developing several critical minerals from the proposed Elk Creek, Nebraska Critical Minerals Mine.
Again I do not know if being a company registered in Canada is disqualifying for U.S. designation of strategic minerals reserves.
Note that Molycorp was purchased by the Chinese during the last administration. I am not aware of any move to require them to divest themselves of the mine. (That would be Good in my view!)
If Niocorp does not receive financing, or reasonable financing before Largo retires its debt in the 1st quarter 2019 Largo and Niocorp would appear to be a potential mutual fit for a merger. Vanadium is a good low coststeel alloy, niobium a better steel alloy, Scandium is a High cost aluminum alloy. Just speculation on my part. Anticipating possibility of Niocorp Financing ? and site prep in ?May?
Recent NB News
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- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/16/2024 04:28:49 PM
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- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/17/2023 09:30:47 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/17/2023 09:30:35 PM
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