Niocorp Developments Ltd (NB)

[chico237]

HUGE 2023 National Defense Act Calls out NIOBIUM & TITANIUM & SCANDIUM & the need to establish a U.S. Industrial Base for the Supply & Processing of ALL!
https://docs.house.gov/billsthisweek/20220711/CRPT-117hrpt397.pdf
SCANDIUM PAGE # 246
Briefing on the Establishment of Domestic Scandium Processing Facilities in the United States

The committee believes the United States industrial base for the supply and processing of the critical mineral scandium has significant vulnerabilities. The committee also believes that the United States should seek to eliminate dependence on Chinese and Russian sources of scandium, with support from allies and partners. Accordingly, public and private sectors should cooperate closely to establish scandium processing facilities in the United States. Therefore, the committee directs the Secretary of Defense, in consultation with the Secretary of Commerce, to provide a briefing to the House Committee on Armed Services not later than May 1, 2023, on public and private sector activities, working with allied nations, to establish scandium processing facilities in the United States, especially facilities based on more efficient, cleaner, and less energy intensive technologies. This briefing will also include how these processing facilities will help the United States reduce dependence on and compete more effectively with China and Russia.

Department of Defense on NIOBIUM PAGE #250
Control of Niobium by the Chinese Communist Party

The committee is concerned by recent investments in global niobium production made by firms under the ownership, control, or influence of the Chinese Communist Party (“CCP”). Niobium is a critical mineral needed for the production of superalloys in jet and rocket engines, critical components in defense systems and hypersonic vehicles, and other emerging technologies. CCP control of niobium and a lack of a domestic capability within the United States present a national security risk similar to risks in the rare earth mineral markets.
Therefore, the committee directs the Under Secretary of Defense for Acquisition and Sustainment to provide a briefing to the House Committee on Armed Services by December 31, 2022, on current global sources of supply of niobium along with a cost-benefit analysis of establishing a domestic supply of high purity niobium oxides.
The briefing shall:
(1) differentiate between ferroniobium and high-purity niobium (the critical
niobium oxide precursor);
(2) address the possibility of using underutilized byproduct niobium
feedstocks from coproduced materials in the United States to strengthen the
domestic industrial base for other key refractory materials such as tantalum; and
(3) include a list of defense programs that are significant users of niobium
or where niobium is a critical component.

TITANIUM PAGE #250 & #253
Department of Defense Access to Titanium

The committee recognizes recent geopolitical events have added significant risk to the global titanium supply chain, specifically access to large, long lead titanium forgings. The committee further recognizes that Department of Defense prime contractors’ inability to procure titanium forgings may put the country's national security at risk. Therefore, the committee encourages the Under Secretary of Defense for Acquisition and Sustainment to explore using high deposition rate additive manufacturing as a risk reduction element for high value, long lead, titanium forgings.

Establishment of Efficient Titanium Processing Facilities in the United States

The committee is concerned that the United States industrial base for the supply and processing of the critical mineral titanium has significant vulnerabilities, including dependence on strategic competitors for the supply and processing of titanium. The committee believes that the United States should seek to eliminate dependence when it comes to the supply and processing of titanium, with support from allies and partners. Furthermore, the committee believes the public and private sectors should cooperate closely to establish titanium processing facilities in the United States or in other trusted partner countries. Therefore, the committee directs the Secretary of Defense, in consultation with the heads of other appropriate Federal departments, to submit to the House Committee on Armed Services an unclassified briefing not later than December 31, 2022, that includes:
(1) a description of the public and private sector activities to cooperate and
establish efficient titanium processing facilities in the United States or in trusted
partner countries; and
(2) an analysis of how such facilities will help the United States reduce
dependence on strategic competitors.

(I WOULD THINK NIOCORPS ELK CREEK MINE & PROCESSING FACILITIES ARE FRONT & CENTER!? HOW ABOUT YOU???)
(I didn't even look for Rare Earths lol.... I'm sure it's there too! lol...)

NIOCORPS ELK CREEK MINE IS THE LARGEST PROVEN NIOBIUM PROJECT IN THE UNITIED STATES. NIOCORP WILL ALSO PRODUCE TITANIUM & SCANDIUM & (SOON MAY ADD VIABLE RARE EARTH MINERALS UPON COMPLETION OF DEMONSTRATION PLANT OPERATIONS NOW ONGOING!)
NioCorp: Critical minerals for U.S. supply chain security
NioCorp_Investor_Presentation.pdf (secureservercdn.net)

NIOCORP IS CURRENTLY WORKING TO COMPLETE FINAL DEMONSTRATION PLANT OPERATIONS -(Weeks Away)
Niocorp will produce minerals (Nb,Sc,Ti,REE's) that will have "Major" Value-added Carbon Neutral possibilities. Power & Fleet selection alternatives in addition; they are completing the optimization of the Hydromet process & working to confirm separation/production of REE's (if possible) for final design/engineering decisions moving forward)
11/2022 ~New NioCorp Video: Metallurgical Demonstration Plant Update

(****NOTE: JIM MENTIONS @3:40 mark:) NIOCORP & L3 are working on PROVING & NEW & SIMPILER PROCESS... ONE THAT REDUCES COSTS, IMPROVES YIELDS & SEQUESTORS CO2!

Form Your Own Opinions & Conclusions above!:

IMHO - NIOCORP IS A NIOBIUM MINE FIRST & THE LARGEST NIOBIUM DEPOSIT IN THE U.S.
ALONG WITH TITANIUM, SCANDIUM & VIABLE REE'S ROUND OUT NIOCORPS "CRITICAL MINERAL SUITE". (I would think ENTITIES are interested (You can imagine the same ones I can!) ~Pending a Finance of course! ~

Front Row Seats with many! "ENGAGE....Already!"

Chico