CEO from Niocorp to discuss the export restrictions for rare earths in the FOX business

Niocorp Developments ((NB)) has just presented an update.

Niocorp Developments Ltd. announced that his CEO Mark A. Smith will appear in the Mornings with Maria of Fox Business Network in order to discuss China’s recent restrictions for rare earth exports. This development is important, since Niocorp drives the ELK Creek project, which aims to produce both light and difficult rare elements and position the company to mitigate the supply chain disorders and to strengthen its market position in critical minerals.

More about Niocorp developments

Niocorp Developments Ltd. focuses on the development of the Elk Creek Critical Minerals project in Southeast -Nebraska. The company aims to produce Niobus, Scandium and Titan, which are of essential importance for various industrial applications, including special regulations, high -strength steel and advanced fuel cells. In addition, Niocorp examines the potential of producing rare genes that are of crucial importance for the production of magnets that are used for defense and civilian technologies.

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