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Re: PutzMueler post# 68755

Saturday, 01/23/2021 12:13:02 AM

Saturday, January 23, 2021 12:13:02 AM

Post# of 113401
Thanks for the feedback Putz and great question. I think you are saying, "why wouldn't NioCorp's scandium supply at 10 tons a year be enough to handle or create demand.' Not sure I have the answer but I like that NioCorp's predicted production supply of scandium exceeds all other scandium producing mines on the way or in the making. Kind of like how CBMM is the largest supplier of niobium and commands the niobium market. I am hoping more supply will create more demand and that NioCorp's production continues to lead and expand as mine depth and width is eventually confirmed . It seems that Rio Tinto expanding in to scandium production may be just the tip of the iceberg of increased demand. Will be interesting to find out if that move is in response to specific end users or just a projection of where the scandium market will eventually lead. Probably the former though time will tell. It will also be interesting to see if Tesla chooses scandium as the mineral of choice for aerospace in their next gen alloys.

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