Niocorp Developments Ltd (NB)

[chico237]

Sharing some recent responses to questions from Niocorp.
Dec. 4th 2023 :
JIM:
Circling back - can you offer comment on the following: Back in June 2023
NioCorp Completes Geotechnical Drilling Campaign at the Elk Creek Critical Minerals Mine Site | NioCorp Developments Ltd.
A) Have those results been compiled & completed to date?

***RESPONSE

****"YES"

(*******Confirmation - Geotechnical work & Results are being compiled into the 2024 F.S. NOW!)

B) Does/Will Niocorp utilize the results the Geotechnical results & incorporate them into the new early 2024 F.S.? (Alongside recent announced Met/Program results being completed...)

***RESPONSE

******"YES"

GIVEN: https://mailchi.mp/niocorp.com/niocorp-completes-metallurgical-test-program-and-begins-making-titanium-samples-for-prospective-customers?e=9a305b2ac9
"The Company has shifted operations at its demonstration plant to produce sufficient quantities of TiCl4 for quality and purity testing by multiple prospective customers who have requested samples."

C) Are both Government & Private entities interested in (TiCl4 ~REE's production from the Elk Creek Resource?) Comment if possible....

***RESPONSE

********"There are multiple interested parties, but I cannot comment on who is interested in what."

D) I know .... you know what the last question might be LOL!😉.... "Are (SEVERAL Govt. & Private ENTITIES) ALL still interested????" Comment if possible....

***RESPONSE

*******"YES"

There are only a FEW U.S. TITANIUM PRODUCERS such as TIMET & the New Berkshire Hathaway entry..."REDWOOD"
https://www.newsandsentinel.com/news/local-news/2023/02/foundations-berkshire-hathaway-deal-brings-new-life-to-ravenswood/
SEE ALSO: Titanium Sponge Working Group: Ensuring Access to Titanium Sponge in the United States
Executive Summary
https://www.bis.doc.gov/index.php/documents/section-232-investigations/3306-tswg-report-and-appendices-2023-redacted/file
The recommendations outlined in this report will help protect U.S. titanium and aerospace supply chains in the short-term, and ensure these industries remain healthy and competitive in the long-term.
The TSWG’s recommendations include proposals for:
1. Adding titanium materials to the National Defense Stockpile;
2. Exploring the feasibility, benefits, and consequences of restructuring titanium-related
product tariffs;
3. Promoting and funding recycling programs, innovation, and technological advancements in
the titanium metal and aerospace industries;
4. Monitoring the availability of idle domestic titanium sponge capacity for use in the event of
a sustained disruption to imports; and
5. Maintaining strong relationships with Japan and other allies with titanium sponge capacity.
Though the U.S. is a net exporter of titanium ingot, it is highly reliant on imports of
titanium sponge to satisfy feedstock needs.
Four U.S. companies rely on titanium sponge and scrap feedstock for production of titanium melt products at domestic facilities: Titanium Metals Corporation (TIMET), Allegheny,Technologies Incorporated (ATI), Howmet Aerospace Inc., and Perryman Company.7
Despite the historic health of the downstream U.S. titanium industry, the increasing reliance on imported sponge feedstock over the years highlights the industry’s growing supply chain vulnerabilities. Implementing these recommendations will promote economic competitiveness, protect the
national security, and will ensure access to titanium sponge in the United States in the event of an emergency.


**NOTE: ~THE 2023 & 2024 National Defense Acts Call out NIOBIUM & TITANIUM & SCANDIUM & the need to establish a U.S. Industrial Base for the Supply & Processing of ALL! (See pages #246 -#256)
https://docs.house.gov/billsthisweek/20220711/CRPT-117hrpt397.pdf
https://armedservices.house.gov/sites/republicans.armedservices.house.gov/files/FY24%20NDAA%20CHM%20Mark%20Package.pdf


FORM YOUR OWN OPINIONS & CONCLUSIONS ABOVE:
Perhaps INTERESTED ENTITIES both Govt. & Private may be looking to establish NEW, STABLE, SECURE, ESG driven TITANIUM SPONGE MINE TO INGOT CAPABILITIES in the near future?? Along with Niocorp's Scandium, Niobium & REE's T.B.D.? (Speculation on my part....!)


" I'll wait a bit longer....to see how this plays out!" ALL the DOTS I see are holding my interest!

Chico