Niocorp Developments Ltd (NB): Maybe someone can make this make sense....

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Niocorp Developments Ltd (NB)

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Thursday, 03/07/2024 1:24:37 AM

Thursday, March 07, 2024 1:24:37 AM

Maybe someone can make this make sense. On one hand, we keep hearing the U.S. is 100% dependent on imports for certain critical minerals.

But EXIM may fund NioCorp so they can export their critical minerals?

How does that work? U.S.-based companies will continue to import supplies from foreign countries, while a U.S.-based mine is exporting those same supplies to foreign countries?

Does the EXIM loan contain contingencies that allow for production to remain domestic, or is there an obligation to meet a certain export threshold to be eligible for the loan?

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