Niocorp Developments Ltd (NB)

[Prudent Capitalist]

New CNBC Ad Spotlights NioCorp–Lockheed Martin Scandium Effort

We’re pleased to share a new CNBC ad highlighting NioCorp’s joint effort with Lockheed Martin’s Skunk Works® advanced development programs division to support the development of a scandium-based defense technology.

The 30-second spot highlights scandium’s role in advanced defense and aerospace systems and how NioCorp’s Elk Creek Project could help establish a reliable U.S. source of this critical material.

Watch the ad here:

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CONTACTS:

Jim Sims, Chief Communications Officer, 720-334-7066
Email: [e-mail]

Alex Guthrie, Director, Investor Relations, 647-999-0527
Email: [e-mail]
@NioCorp $NB #niobium #scandium #titanium #rareearth #neodymium #dysprosium #terbium #ElkCreek #heavyrareearth #magnets

ABOUT NIOCORP

NioCorp is developing the Elk Creek Project that is expected to produce niobium, scandium, and titanium. The Company also is evaluating the potential to produce several rare earths from the Elk Creek Project. Niobium is used to produce specialty alloys as well as High Strength, Low Alloy steel, which is a lighter, stronger steel used in automotive, structural, and pipeline applications. Scandium is a specialty metal that can be combined with Aluminum to make alloys with increased strength and improved corrosion resistance. Scandium is also a critical component of advanced solid oxide fuel cells. Titanium is used in various lightweight alloys and is a key component of pigments used in paper, paint and plastics and is also used for aerospace applications, armor, and medical implants. Magnetic rare earths, such as neodymium, praseodymium, terbium, and dysprosium are critical to the making of neodymium-iron-boron magnets, which are used across a wide variety of defense and civilian applications.