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SeNE | They updated their feasibility study to include the rare earth elements. Previously they were only banking on Niobium, Scandium, and Titanium which the resource is rich in. These make metals lighter and stronger when added to them. The rare earth's were always known to be there and 40-50 years ago they tried to make a mine go just based on those. With our reliance on China and other countries for rare earth's they are updating their bankable feasibility study to capture that market. The US gov has deemed pretty much everything Niocorp will make a critical element meaning we should have a supply we are in control of. I am invested because I know alot of the UNL researchers who have good knowledge of the resource and because it's 5 miles from the farm and if the mine goes through things will change locally. If you want to know more Google Niocorp and go to the investorshub message board. | |
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