Niocorp Developments Ltd (NB)

[tedro84]

Nothing about this is positive for NioCorp. In regards to niobium it is all about expansion at Niobec, a much lower cost producer. Not to mention a joint effort to maintain good relations with Brazil and maintain beneficial access to CBMM’s Nb. It’s about working together, identifying comparative trade advantages, and establishing mutually beneficial trade and access to these minerals. Niocorp desperately wants to be part of this, but the geology and associated costs simply provide no benefit to the US when we have strong relationships with our top allies.

This is all on the same page as Wilbur Ross’ multiple visits to Australia to define a mineral strategy with them as well.