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Re: stark12 post# 91677

Tuesday, 03/14/2023 6:29:47 AM

Tuesday, March 14, 2023 6:29:47 AM

Post# of 112333
Stark in the article you posted- Jim Sims, vice president of external affairs for NioCorp Developments Ltd., which is pursuing a rare earth mine in Nebraska, said Congress laid down aggressive markers for manufacturers and that challenges extend beyond mining and mineral processing.
https://www.eenews.net/articles/uncertainty-abounds-as-ev-tax-credit-guidance-looms/
Jim responded-

“The U.S. government has to continue to look at encouraging the build-out of entire mine-to-showroom-floor supply chains here in the U.S.,” said Sims.



Goes hand in hand with the 3/13/2023 Responses to my questions!
Jim-
A) Could you offer comment on What Scope 3 emissions mean for the Elk Creek mine moving forward into production & to the end users utilizing the products being processed at the mine? & Would Niocorp's Scope 3 Carbon Emission Reductions qualify for/as "Carbon Credits" in the context above? Could/Does Niocorp's "Carbon Friendly GHG/ESG" mining processes & work scope qualify for- INNOVATIVE CLEAN ENERGY LOAN GUARANTEES | Department of Energy?

Response:

"We have made an internal estimate of the benefits of our planned products at a Scope 3 emissions level. However, the definition and applicability of Scope 3 emissions must eventually be determined by government regulators, and the SEC is examining many aspects of this issue now. At present and in general, carbon credits are created by mitigation measures taken at the Scope 1 emissions level, although there are several different approaches being examined across the U.S. As to DOE programs, I am not allowed to comment on that at this time."



B) Is/Could an "ANCHOR" Investor/s still have interest in the Elk Creek Project? Comment If you can... (A,B,C,D.... as all options are on the table.)
Response:

"Yes. "



C) (Follow up) - Is Niocorp still engaged with "Several Federal Agencies" other than the EXIM Bank as sources for "Debt" or Off-take agreements? Comment if you can...
Response:

"Yes, multiple federal agencies, elected officials in the Congress, and the WH. "



Form Your Own Opinions & Conclusions above!

Stark- Given the responses above. I would speculate that other U.S. Govt. Entities ARE INTERESTED & INVOLVED, & not just the EXIM Bank. Even an Anchor Investor could be a Private Industry Partner, or Federal or Allied State player/s.
(Maybe Team NIOCORP needs a return Trip to D.C.??)


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