Niocorp Developments Ltd (NB): The United States today relies on a grea...

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Niocorp Developments Ltd (NB)

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Sunday, 03/31/2024 7:33:13 PM

Sunday, March 31, 2024 7:33:13 PM

The United States today relies on a greater share of mineral imports to meet domestic consumption, indicating a relative decline in U.S. mineral production compared with consumption. For some minerals, U.S. production has even stopped completely. The U.S. supply of niobium, which is used in steel and superalloys, “has been a concern during every national military emergency since World War I,” according to the U.S. Geological Survey, but the element has not been mined in the United States since 1959.

https://carnegieendowment.org/2024/02/12/u.s.-military-and-nato-face-serious-risks-of-mineral-shortages-pub-91602

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Not exactly in our ball park, but it looks like the money is starting to flow, for the clean energy transition.

https://www.energy.gov/articles/biden-harris-administration-announces-475-million-investment-support-clean-energy

Follow the Technicals, or be Fundamentally too late to the Party.

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