Replies to post #117466 on Niocorp Developments Ltd (NB)

[The_Gman]

🤔 didn’t have that on my bingo card.

[ctkrod]

Trump does not plan in the order to establish a U.S. critical minerals stockpile that would mimic the Strategic Petroleum Reserve, the sources said, a step that some in the administration and mining industry had sought.... Trump also does not plan to order the Pentagon or other U.S. agencies to require vendors to use only U.S. minerals, what is known as a "Buy American" mandate, and one that junior miners especially have said is needed to offset China's market manipulations.

*sad trombone noise*

[TooSoon]

The article from Reuters has a theme. The environment, permitting, immediacy and USA.

1) NioCorp has already has the permits in hand. Federal and State!
2) NioCorp has done extensive planning to honor the environment through technology and engineering.
3) NioCorp has a shovel ready project ready with the land purchased!

If the USA wants a home grown source of Niobium, Titanium, Scandium, Neodymium-Praseodymium, Dysprosium, Terbium then, President Trump..

Start Your Engines!

[The_Gman]

Not sure what this is about as we already have one that was signed into law by FDR in 1939:

Trump does not plan in the order to establish a U.S. critical minerals stockpile that would mimic the Strategic Petroleum Reserve, the sources said, a step that some in the administration and mining industry had sought.

https://uscode.house.gov/view.xhtml?path=&req=%28title%3A50+section%3A98+edition%3Aprelim%29&f=&fq=&num=0&hl=false&edition=prelim

https://crsreports.congress.gov/product/pdf/R/R47833

As of March 2023, the National Defense Stockpile contains $1.3 billion in total assets, including $912.3 million of stockpiled material. As of April 2023, current NDS inventory mitigates less than half of estimated strategic and critical materials shortfalls for military requirements; less than 10% of essential civilian demand shortfalls; and approximately 6% of total net shortfalls in “base case” national emergency scenarios. The vast majority of the $13.5 billion gap between current stockpile assets and current stockpile requirements would support nondefense critical infrastructure demand in the event of an attack on the United States.