Niocorp Developments Ltd (NB): Niocorp plans to produce ferroniobium T...

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Niocorp Developments Ltd (NB)

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Saturday, 08/06/2022 3:15:34 PM

Saturday, August 06, 2022 3:15:34 PM

Niocorp plans to produce ferroniobium
This battery application sounds like it would need straight nobium, not ferro niobiium. I asked Scott several years ago why they chose feroniobium. His answer was that by far the biggest use for niobium was in steel making. Ferronibium is the form of Niobiim used in steel making. I also asked if Niocorp could produce pure Niobium. He said it would be possible but it would take some modification and additional equipment in the processing plant. At that time he thought it wise to produce what most of the market wanted. Obviously battery technology breakthroughs could change everything. I imagine Scott is keeping an eye on this developing technology and estimating what the demand might be.

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