Niocorp Developments Ltd (NB)

[chico237]

$40 billion commitment authority for Innovative Technology Loan Guarantee Program (Title XVII)
https://www.whitecase.com/publications/alert/new-us-climate-bill-seeks-bolster-domestic-critical-minerals-supply-chain

Section 50141 of the IRA authorizes the Department of Energy ("DOE") to make commitments for an additional $40 billion in loan guarantees under Title XVII of the Energy Policy Act of 2005, on top of DOE's existing commitment authority of approximately $24 billion. Title XVII (also known as the Innovative Technologies Loan Guarantee Program) authorizes the Secretary of Energy to make loan guarantees for projects that (1) "avoid, reduce, utilize, or sequester" air pollutants or anthropogenic emissions of greenhouse gases; and (2) employ "new or significantly improved technologies" as compared to commercial technologies in service in the United States at the time the guarantee is issued.11 The $40 billion authorization under the IRA could bolster recent efforts to leverage the Title XVII program to support domestic production of critical minerals.
(Interesting DOTS on GHG & New/improved Technologies like "Separation"!)
Successive administrations have shown interest in using the Title XVII program to support domestic production of critical minerals, and Congress has recently taken steps to support those efforts. During the Trump Administration, DOE issued guidance interpreting Title XVII "broadly" to authorize loan guarantees for critical minerals projects, and "encourage[d] applications from potential projects involving the production, manufacture, recycling, processing, recovery, or reuse of Critical Minerals and other minerals."12 Subsequently, in the Infrastructure Investment and Jobs Act of 2021, Congress amended Title XVII to expressly authorize the provision of loan guarantees for "[p]rojects that increase the domestically produced supply of critical minerals . . . including through the production, processing, manufacturing, recycling, or fabrication of mineral alternatives."13 The Biden Administration is currently considering how regulations implementing Title XVII could be improved to facilitate applications for loan guarantees for critical minerals projects, among other changes.

"Interesting "DOTS" Given Niocorp is checking off a lot of "Critical Mineral BOXES! imho"
***"Critical minerals" subject to this requirement include specified forms of aluminum, antimony, barite, beryllium, cerium, cesium, chromium, cobalt, dysprosium, europium, fluorspar, gadolinium, germanium, graphite, lithium, manganese, neodymium, nickel, niobium, tellurium, tin, tungsten, vanadium, yttrium, and certain other minerals purified to a minimum purity of 99 percent (arsenic, bismuth, erbium, gallium, hafnium, holmium, iridium, lanthanum, lutetium, magnesium, palladium, platinum, praseodymium, rhodium, rubidium, ruthenium, samarium, scandium, tantalum, terbium, thulium, titanium, ytterbium, zinc, zirconium).
Chico