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Bullboard - Stock Discussion Forum NioCorp Developments Ltd NB

NioCorp Developments Ltd. is a mineral exploration company. The Company, through its subsidiary, Elk Creek Resources Corporation, is engaged in the acquisition, exploration, and development of mineral properties. The Company is developing a superalloy materials project namely the Elk Creek niobium/scandium/titanium property (the Elk Creek Project). The Elk Creek Project is located near Elk... see more

NDAQ:NB - Post Discussion

NioCorp Developments Ltd > NioCorp Completes Metallurgical Test Program
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Post by Betteryear2 on Dec 04, 2023 11:30am

NioCorp Completes Metallurgical Test Program

After completing its metallurgical testing program, NioCorp's demonstration plant is now making high-purity titanium samples in response to inquiries from prospective customers

NioCorp demonstrates potential production of higher-purity niobium and titanium than previously achieved, along with commercial purity scandium and magnetic rare earth oxides

NioCorp successfully extracts, at demonstration scale, all targeted magnetic rare earths from its Elk Creek resource, including highly-sought-after heavy rare earths dysprosium and terbium

CENTENNIAL, CO / ACCESSWIRE / December 4, 2023 / NioCorp Developments Ltd. ("NioCorp" or the "Company") (NASDAQ:NB)(TSX:NB) is pleased to announce that it has completed its metallurgical testing program at its Quebec-based demonstration plant. Results show that NioCorp's enhanced processing design can produce, at demonstration scale, higher-purity forms of niobium and titanium, and higher yields for each product, than previously attained. The results also show that NioCorp can produce, at demonstration scale, scandium and magnetic rare earth products with commercial purities at recovery rates of 92% or higher.

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