NioCorp Developments Ltd. Warrant (NIOBW)

The U.S. government is launching an aggressive strategy to reduce dependence on Chinese mineral supply chains by investing billions in domestic mineral production and opening federal lands for resource extraction.

NioCorp Developments is developing the Elk Creek Project in Nebraska, which could provide critical rare earth minerals like niobium and scandium for AI data centers, aerospace, and advanced technologies, potentially reducing U.S. dependence on foreign mineral sources.

As trade tensions with China escalate, rare earth stocks are gaining attention, with several lesser-known companies offering strategic exposure to critical minerals and emerging technologies.

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.