Niocorp Developments Ltd (NB)

[Middleborder]

BM, PM; Article regarding REES and China dominance.

https://townhall.com/columnists/dugganflanakin/2021/05/26/a-viable-alternative-to-chinese-minerals-hegemony-n2589980

(Snip)

One reason for these strategic shortcomings has been strong opposition to mining, and especially to the very word “radioactive” (for rare-earth deposits linked to thorium and uranium found in monazite ores) from constituencies opposed to environmentally challenging mining practices.

Energy consultant David Blackmon recently asserted that, “There will be no successful ‘energy transition’ or ‘Green New Deal’ implementation in the United States,” unless companies are allowed to access this country’s own plentiful supplies of copper, nickel, cobalt and rare-earth minerals. Yet, he laments, the most strident proponents of decarbonization and renewable energy are often the most strident opponents of domestic mining of these critical minerals.
(Snip...)

Anti-mining sentiments remain strong, especially among environmentalist.

"In a four-part series addressing Chinese dominance in the rare-earths industry, Jamil Hijazi and James Kennedy explained that China built its rare-earth industry as part of a carefully designed nationalistic strategy for world domination, one not motivated by the quest for private profits.

Now, with their market share dominance, “China uses opaque subsidies to eliminate any profit potential for competitors. No profit potential, no competitors, China’s metallurgical monopoly remains secure and uncontested.” Even more daunting, the lack of non-Chinese processing, refining and metallurgical capacity means the world sells China its low value ore-concentrate and China sells back much higher value end products."