Niocorp Developments Ltd (NB)

[Middleborder]

Landmark, PM, Monocle, all:


I pretty sure this was previously posted to the board, but if anyone missed or is new here, it here it is again.


Discusses Military and aerospace applications, attempts to reduce costs of SOFCs, limiting effects of covid on the market.

https://www.benzinga.com/pressreleases/21/01/g19034046/scandium-market-growth-trends-and-forecast-2020-2025

Snip...
"...lack of awareness, high cost, and inconsistent supply are restraining the growth of the market studied..."
(Yes, we know.)
...Snip
"Key Market Trends
SOFCs Segment to Dominate the Market

- A solid oxide fuel cell (SOFC) is an electrochemical conversion device that helps produce electricity directly by combining an oxidant and a fuel across an ionic conducting oxide electrolyte."
...snip
"- Scandium containing SOFCs have commercially proved to offer outstanding performance as compared to the conventional yttrium stabilized zirconia solid electrolytes. This is because, the use of scandium-based electrolytes has helped increase ionic conductivity, cell efficiency, and operating life of the fuel cells.
- At present, SOFCs are witnessing increased application within transport, industrial equipment, power generation, cooling, disaster relief, and areas where grid connections are not available.
- The increasing demand for clean energy over environment concerns of energy generation from conventional sources, such as coal and natural gas, is expected to drive the demand for solid oxide fuel cells in the years to come. Consequently, such trends are projected to significantly increase the demand for scandium for applications in SOFCs."

...Snip.....MORE AT LINK


NioCorp mentioned in the final Paragraph.