NioCorp Reports Significant Advance in Plan to Process Critical Minerals in Nebraska
CENTENNIAL, Colo., March 14, 2022 /PRNewswire/ -- NioCorp Developments Ltd. ("NioCorp" or the "Company") (TSX: NB; OTCQX: NIOBF) is pleased to announce a significant advance in its ongoing process optimization and rare earth recovery test work being conducted for the Elk Creek Superalloy Materials Project (the "Project") by L3 Process Development ("L3").
- Among other things, the process removes iron earlier in the process.
- NioCorp already plans to produce high purity scandium, which also is being investigated for possible use in next-generation solid-state Lithium-Ion batteries ( see this ).
- NioCorp is developing a superalloy materials project in Southeast Nebraska that will produce Niobium, Scandium, and Titanium.
- NioCorp disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise.