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walterc

01/20/24 11:59 AM

#107464 RE: th6565 #107458

th. years ago in full globalisation mode politicians thought it was ok to buy from the Chinese. it was at that time not economically feasible to do rare earths at Elk Creek . The Chinese would have done a second Molycorp scenario and management of Niocorp did not want to take that risk.
Politicians have changed their mind because of geopolitical changes.The US wants to have their own source of supply or at least from parners they can trust.The same for Western Europe