Monday, May 31, 2021 9:37:46 AM
Critical Minerals are a hot topic lately - rightly so. Here is an article from globalsecurity.org - a defense news aggregator -on the topic of Chinese domination of Rare Earths and Critical Mineral supply chains important to the US and Allies. Nothing particularly new and Niocorp is not mentioned but it's another sign the topic is in front of a lot eyes nowadays and Niocorp is perfectly positioned to benefit from such attention.
https://www.globalsecurity.org/wmd/library/news/china/2021/05/china-210530-voa01.htm?_m=3n%2e002a%2e3079%2ewb0ao0ee8i%2e2umx
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A snippet from the article:
Although each country makes up its own list of "critical minerals" based on its strategic needs, China is a dominant supplier in all of the lists.
In the EU's list, China is the largest source of imports for 10 minerals. Among the 24 critical minerals identified by the Australian government in its Critical Minerals Prospectus 2020 report, China is listed as the largest producer of 11 of them. In the U.K.'s Risk List, China is the leading producer of 23 minerals.
The 2019 report said that of the 35 key minerals in the U.S., the largest supplier of 13 CMs is China, and China is also the largest producer of 19 CMs.
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Author of this article: John Xie May 30, 2021 and based on a Voice of America Mandarin Service article.
https://www.globalsecurity.org/wmd/library/news/china/2021/05/china-210530-voa01.htm?_m=3n%2e002a%2e3079%2ewb0ao0ee8i%2e2umx
-------------
A snippet from the article:
Although each country makes up its own list of "critical minerals" based on its strategic needs, China is a dominant supplier in all of the lists.
In the EU's list, China is the largest source of imports for 10 minerals. Among the 24 critical minerals identified by the Australian government in its Critical Minerals Prospectus 2020 report, China is listed as the largest producer of 11 of them. In the U.K.'s Risk List, China is the leading producer of 23 minerals.
The 2019 report said that of the 35 key minerals in the U.S., the largest supplier of 13 CMs is China, and China is also the largest producer of 19 CMs.
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Author of this article: John Xie May 30, 2021 and based on a Voice of America Mandarin Service article.
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