Niocorp Developments Ltd (NB)

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GE: Rare Earth Salts is a private company in Beatrice NE.

Someone on this board indicated that Mark and Scott are aware of Rare Earth Salts. (One of their directors or owners died in 2018 and I think that changed their focus.)

(Slide, but probably relevant info for NioCorp shareholders.)

I think that RES works right now at refining REES from phosphorus from recycled Florescent lights. (Source feed stock from State of Indiana.)

https://beatricedailysun.com/news/local/rare-earth-salts-looking-to-grow/article_56e09d53-d5d2-5de0-acb7-3cf5097ca7b0.html

I think at one time RES had a working association with Medallion Resources. (Mllof).

https://rareearthsalts.com/rare-earth-salts-medallion-agree-produce-rare-earth-products/

MLLOF apparently has exclusive rights to a technology from Purdue University in Indiana for extracting REES from Monzanite feedstocks. (Purdue is located in Lafayette IN.)

MLLOF

https://medallionresources.com/2021/02/medallion-secures-exclusive-rights-to-purdue-universitys-rare-earth-element-separation-and-purification-technology/


(I note here that IBC Alloys is located 401 Arvin Rd, Franklin, IN)


Odd conjunction of Indiana connections, but I am not certain how much to emphasize this. I do not think there is a direct relation between IBC and Purdue but I could be wrong. ( NioCorp has been using Ames Ia lab for its Aluminum/scandium alloy.)