Niocorp Developments Ltd (NB)

[The_Gman]

West scrambles for ‘insurance policy’ as China raids Earth’s raw materials
Matt Oliver
Fri, Mar 8, 2024, 10:00 PM MST

Good article on Chinese influence on pricing. More confirmation that the government is well aware of this and it's some of the reasons for the financing support. I posted earlier that DARPA is also working on addressing this.

By 2027, the act also specifies that 70pc of the minerals in US-made EV batteries must come from US miners or recycling plants – or mines with free trade deals with the US. Much of these are expected to come from Canada, where there are rich seams of the required metals in areas including Ontario and Quebec.

At the same time, the US Department of Energy and even the Pentagon are providing funding to mines and refineries at home which officials now view as vital to US security.

https://finance.yahoo.com/news/china-crushed-west-race-power-050000870.html