NioCorp Developments Ltd 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.

NDAQ:NB - Post by User

NioCorp Developments Ltd

<< Previous

Bullboard Posts

Next >>

Post by Betteryear2on May 26, 2023 7:08am

195 Views

Post# 35465288

to Potentially Double Projected Titanium Recovery Rates T.NB

Demonstration Plant Shows New Recovery Process May Double NioCorp's Titanium Production per Tonne of Ore as well as Produce a Higher Purity Product that May Command Higher Market Prices

CENTENNIAL, CO / ACCESSWIRE / May 26, 2023 / NioCorp Developments Ltd. ("NioCorp" or the "Company") (NASDAQ:NB)(TSX:NB) is pleased to announce that it has successfully demonstrated an ability to potentially double the recovery of titanium from each tonne of ore the Company expects to mine at its Nebraska-based Elk Creek Critical Minerals Project (the "Project"), once project financing is obtained and the commercial plant is constructed. The new process is expected to produce a purer form of titanium that may command a higher price than is assumed in NioCorp's June 2022 feasibility study for the Project (the "Feasibility Study").

NioCorp Demonstrates the Ability to Potentially Double Projected Titanium Recovery Rates for the Elk Creek Project (accesswire.com)