![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Saturday, August 05, 2023 7:32:19 AM
No that's not correct, it was the company Molycorp you need to refer to your statements.
Anyway I like your posted Reuters report about MP because it shows me, MP is far away to get a magnetic rare earth supply chain established. I expect they are now in trouble, because they are forced for more than one reason to stop the transport of rare earth to China and establish a US based magnetic light rare earth supply chain. They are under pressure, because of competive tension. But I think they need to establish a heavy rare earth supply chain to be successful, but that is really doubtful that this will happen, happen fast.
Maybe to add it is astonishing no word in this report was written, that MP Materials can process ore in a reliable economic proven and environmentally friendly way. I would have expect it. From my point of view Niocorp, is now the number one company possibly able to establish a US magnetic rare earth supply chain, ESG compliant.
The reported earning numbers were also not good, comparing last to current year. You can all read this in detail in the report. Additionally they cannot make any forcast for 2024. That says also a lot to me.
It is like it is. It is a big challenge to reach the target establishing a US based magnetic light/heavy rare earth supply chain. I know Niocorp has the ore body and the right partners to reach the goal for both light and heavy rare earth supply.
For this challenging task you need a highly experienced and sophisticated team and a very well working people network.
Niocorp has it!
MP Materials???
For MP Materials - you need to set a big question mark! The ore body? The team? I strongly recommend to check the team of MP Materials! Strong dependency on China?
Now try to find out, which company is best positioned for that?
Have a nice weekend.
Recent NB News
- Form 8-K - Current report • Edgar (US Regulatory) • 08/27/2024 08:00:25 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/16/2024 04:28:49 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/15/2024 10:02:51 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/15/2024 10:01:47 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/15/2024 10:01:29 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/15/2024 10:00:51 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/15/2024 10:00:33 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 12/22/2023 09:00:27 PM
- Form D - Notice of Exempt Offering of Securities • Edgar (US Regulatory) • 12/21/2023 09:45:51 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/20/2023 09:55:17 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/17/2023 09:30:58 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/17/2023 09:30:47 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/17/2023 09:30:35 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/13/2023 12:30:19 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/12/2023 09:01:20 PM
FEATURED Element79 Gold Corp Announces 2024 Clover Work Plans & Nevada Portfolio Updates • Sep 10, 2024 11:00 AM
North Bay Resources Announces Mt. Vernon Gold Mine Bulk Sample, Sierra County, California • NBRI • Sep 11, 2024 9:15 AM
One World Products Issues Shareholder Update Letter • OWPC • Sep 11, 2024 7:27 AM
Kona Gold Beverage Inc. Reports $1.225 Million in Revenue and $133,000 Net Profit for the Quarter • KGKG • Sep 10, 2024 1:30 PM
Nightfood Holdings Inc. Completes Major Step on Uplist Journey by Closing Strategic All-Stock Acquisition of CarryoutSupplies.com • NGTF • Sep 10, 2024 8:15 AM
Element79 Gold Corp. Announces Sale of 100% Interest in Elder Creek, North Mill Creek, and Elephant Projects to 1472886 B.C. Ltd. • ELEM • Sep 9, 2024 9:34 AM