Niocorp Developments Ltd (NB): This pure speculation on my part. I rea...

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Re: OmahaInvestor post# 106284

Monday, 12/18/2023 7:04:15 PM

Monday, December 18, 2023 7:04:15 PM

This pure speculation on my part. I really have no idea who the steelmaker is but there is a steel mill in Calvert Alabama built by ThyssenKrupp and purchased in 2014 by AM/NS. AM/NS Calvert is a 50/50 joint venture between ArcelorMittal and Nippon Steel Corp. (NSC). In August 2020 they announced they would be making their own slabs instead of importing from Brazil (See post 64287). Groundbreaking for the expansion was in February 2021 and was expected to take 24 months. Not sure if it has been completed, or the current status.

https://www.madeinalabama.com/2021/02/am-ns-calvert-kicks-off-construction-on-775-million-steelmaking-facility/

Big Al

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