Replies to post #27796 on Niocorp Developments Ltd (NB)

[BL4Nio]

If I was an industrial producer of products that needed Scandium Oxide in some form for my products I would stay far away from Chinese produced materials products.

The Chinese can't even make tooth paste, drywall, baby formula/milk without poisoning their own consumers. These are documented/already proven cases of Chinese garbage products being supplied as "quality" products, and coming back to bite the companies badly in the end. The list goes on and on.

If I were producing products that were going to be in use for long term applications (think Bloom Energy SOFC's) I would not even think about doing business with a Chinese supplier. You would be severely undercutting the quality and reliability of your product right off the bat by using Chinese sourced Scandium Oxide materials.

Basically, the argument is:

1) Use actual quality sourced material and pay for it up front and be comfortable knowing you have a superior product that cost a bit more up front to produce that will stand the test of time and give your customers what they actually wanted/paid for in the first place. Keeping your customers coming back for more quality products.

OR

2) Use Chinese made/produced non-quality material to produce your product to save a few bucks on up front production costs, and then deal with all the problems and issues that come with using poor quality Chinese made materials in the end. Thereby losing all your customers because they found out/realized that you cheaply made your products using garbage material sourced from China. It's a disaster waiting to happen for any company that uses Chinese made products and materials.

Not to mention China will force companies to give up proprietary technology to access their markets/products. This is also well known and documented. As a company outside of China you are opening yourself up to massive supply chain risk by doing sourcing business with China...do you really want to take that risk and get in bed with a supplier like that? No thank you.


If you use Chinese made materials/products, as a company you are just asking for it...and your customers WILL KNOW THE DIFFERENCE!

[Ak74]

There are no sources to back up the statements made in that article. The article mentions that their annual Scandium production capacity is only 6tpy. That number speaks for itself. Also, do you think that the font size is big enough in that article? What a joke.

[Landmark8211111]

Ah no that is not the way I would look at this. The US scandium end users are more interested in acquiring a safe reliable domestic supply-chain outside of potentially unfriendly/unstable countries, such as Russia,China, Africa, that could put a stranglehold on the US by cutting production and/or selling to the USA whenever they felt the need...I don't believe for a moment that Boeing, Bloom Energy, American car industry, would buy their scandium needs from China, Russia or Africa, if they could buy right here in their backyard.
Let us not forget what happened with "rare earth metals" when China decided to put sanctions/restrictions on selling REE to United States in 2010.

No, I believe we are sitting in the sweet spot with the only scandium/niobium mine in North America.