NioCorp Developments Ltd V.NB

Primary Symbol: NB

Metals & Mining Industrial Metals & Minerals

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 Creek, southeast Nebraska, the United States of America. The Company's Project is located approximately 75 kilometers (kms) southeast of Lincoln, Nebraska and 110 kms south of Omaha, Nebraska. The Property consists of 226-acre parcel of land owned along with eight option to purchase agreements (OTP) covering approximately 565 hectares (ha). The Company's Elk Creek Property is a niobium, scandium, and titanium exploration project. The Project includes the Elk Creek carbonatite (the carbonatite) that intruded older precambrian granitic and low to medium grade metamorphic basement rocks.

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NioCorp Developments Ltd

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Post by ibem52on Jun 30, 2014 4:30pm

288 Views

Post# 22706642

how will NB compete with Rostec and ICT Group 1B Tomar mine?

ICT Group, + Rostec state-owned already have a billion dollars lined up and will have Tomtor (one of the largest REE/Niobim fields in the world) in production by 2017. Niobium won't even have a shovel in the ground by then and won't be able to compete with cost. They'll even drive Brazil to drop thier prices.

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