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.