NioCorp Developments Ltd. Common Stock (NB)
NioCorp Developments Ltd. is a mineral exploration and development company focused on the extraction of critical minerals, including niobium, scandium, and titanium. The company primarily develops its Elk Creek project in Nebraska, which is considered a significant source of these high-demand elements used in aerospace, automotive, and other industrial applications. NioCorp aims to become a leading producer of strategic metals essential for modern technologies and clean energy solutions.
Company News
The Pentagon has invested 15% in MP Materials Corp, signaling a strategic move to develop domestic rare earth mineral production and reduce dependence on China, which currently controls 70% of global rare earth supply.
The article discusses how the U.S. government and western institutions are supporting domestic development of critical minerals to break China's stranglehold. Companies like Ares Strategic Mining, Century Aluminum, United States Antimony, NioCorp Developments, and Taseko Mines are ramping up production to address the growing demand for these minerals.
BluePearl Cares, the charitable arm of BluePearl Pet Hospital, is hosting an online art auction and fundraiser called 'More Than A Cone' to raise funds for its programs that aim to improve access to emergency and specialty veterinary care for pets in need.