Replies to post #111480 on Niocorp Developments Ltd (NB)

[monocle]

Isn't 75% of the niobium spoken for through off takes with foreign companies? Stellantis is a foreign company as well.

[AlwaysOptimistic]

Good points MM and one that should be brought out in the open. As monocle pointed out, 75% of niobium is committed to Thyssen Krupp, a German Steel Co and if an agreement is reached, a REE off take with Stellantis, a foreign company. The benefit to America is Stellantis jobs (hopefully) in America, Govt stockpiling of mineral reserves (not exactly a foreign interest) but I don't think its an all or nothing arrangement. To sell anything to a foreign entity, NioCorp needs to have a mine built in the US, processing facilities constructed in the US, office building in the US, workers have to be hired and paid to construct the facilities in the US, engineering companies get paid in the US, Cement factories get paid in the US and the facility will have full time employees in the US (miners, staff) etc. All of those measures sink dollars back in to the local, state and federal taxes, companies and employees in the US.