Niocorp Developments Ltd (NB)

[AlwaysOptimistic]

Dr. NB. Re Scott Honan's comment, "The rare earth products that are of most interest to the Company at present are Neodymium-Praseodymium (“NdPr”) oxide, Terbium oxide and Dysprosium oxide.", here is some relevant info. re these 3 REE's.

Neodymium-Praseodymium (“NdPr”) oxide:

"Neodymium and Praseodymium power the strongest types of rare earth magnets, which enable the conversion of electrical energy into motion via permanent-magnet motors. These motors power EVs and countless industrial processes."

https://mpmaterials.com/what-we-do/#:~:text=Neodymium%20and%20Praseodymium%20(%E2%80%9CNdPr%E2%80%9D,EVs%20and%20countless%20industrial%20processes

Here is an analysis by Deloitte re the projected EV market by 2030.

Electric vehicles
Setting a course for 2030

https://www2.deloitte.com/us/en/insights/focus/future-of-mobility/electric-vehicle-trends-2030.html

Terbium oxide:

"Terbium is used to dope calcium fluoride, calcium tungstate and strontium molybdate, all used in solid-state devices. It is also used in low-energy lightbulbs and mercury lamps. It has been used to improve the safety of medical x-rays by allowing the same quality image to be produced with a much shorter exposure time."

https://www.rsc.org/periodic-table/element/65/terbium#:~:text=Terbium%20is%20used%20to%20dope,a%20much%20shorter%20exposure%20time.

Dysprosium oxide:

"Dysprosium is used, in conjunction with vanadium and other elements, in making laser materials and commercial lighting. Because of dysprosium's high thermal-neutron absorption cross-section, dysprosium-oxide–nickel cermets are used in neutron-absorbing control rods in nuclear reactors.[5][31] Dysprosium–cadmium chalcogenides are sources of infrared radiation, which is useful for studying chemical reactions.[4] Because dysprosium and its compounds are highly susceptible to magnetization, they are employed in various data-storage applications, such as in hard disks.[32] Dysprosium is increasingly in demand for the permanent magnets used in electric-car motors and wind-turbine generators.[33]"

https://en.wikipedia.org/wiki/Dysprosium#:~:text=industry%20in%20Australia.-,Applications,control%20rods%20in%20nuclear%20reactors.



















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