Niocorp Developments Ltd (NB)

[AlwaysOptimistic]

Huge Rare Earths Discovery is Gamechanger in Americas Trade War with China

https://finance.yahoo.com/news/huge-rare-earths-discovery-gamechanger-233000427.html

"On June 10, Critical Metals Corp signed an agreement to acquire a controlling interest in Greenland’s Tanbreez project, which it says is the largest rare earth deposit in the world. Once operational, CRML expects it to supply Europe and North America. And on June 18 the company announced it had completed its initial investment for the Tanbreez acquisition, lending more confidence to the deal and further de-risking the transaction, according to a company press release.

Tanbreez is said to have over 28 million tonnes of total rare earth oxides, the company estimates internally, and nearly 30% of that is the most coveted “heavy” rare earth elements (HREE).

Given the success of MP Materials (NYSE:MP), a $2.2 billion market cap issuer that has a known resource of just under 3 million tonnes that is almost entirely light rare earth elements (LREE), CRML could be set for a significant valuation re-rate."