Niocorp Developments Ltd (NB)

[jeunke22]

My question to Sims:
Is Niocorp also in the race? Texas seems to be the DOD’s first investment .
Answer:
Yes. DoD is giving this money to Lynas because Lynas can produce large amounts of heavy rare earths in the U.S. relatively quickly. The USG is also very interested in the fact that we will produce heavy rare earths in Nebraska once we are up and running. We will not produce anywhere near what Lynas will make, but it is enough to make a difference in US REE supply chains.