Replies to post #102306 on Niocorp Developments Ltd (NB)

[AlwaysOptimistic]

scooter, the off take agreement with Stellantis that MS referenced in his presentation on 9/12 ties in to the PR on 6/6/23 https://www.niocorp.com/stellantis-and-niocorp-sign-rare-earth-offtake-term-sheet-in-support-of-stellantis-commitment-to-reaching-carbon-net-zero-by-2038/ I assume the off take would be for REE's for the purpose of EV battery manufacturing.

MS also spent some time in his presentation at the conference on 9/12 in NYC discussing applications for scandium alloys to light weight and strengthen the auto parts. In the link below Geology.com references that "Scandium is found in most rare earth element deposits and is sometimes classified as a rare earth element."

https://geology.com/articles/rare-earth-elements/

As such, it is not implausible IMO that an off take for scandium alloys for auto manufacturing would be a part of an off take agreement

Time will tell.

[stark12]

Did you listen to the recent presentation? Mark’s points about scandium demand and the demand for scandium-aluminum alloys is worth listening to.