In keeping with the corporate, its mission situated close to Elk Creek will likely be highest grade niobium mission in North America, in addition to one of many largest potential producers of scandium on the planet. In the meanwhile, no different related initiatives exist in both US or Canada.
Earlier this month, NioCorp announced the initiation of testing of Elk Creek ore utilizing high-pressure grinding rolls (HPGR) expertise. HPGR is taken into account an power environment friendly and low-emission various for lowering the scale of the ore to allow the restoration of niobium, scandium, titanium and potential uncommon earth merchandise.
Using HPGR within the mission reinforces the corporate’s dedication to the atmosphere and designing a sustainable operation, NioCorp mentioned within the June 9 press launch.
Replace: NioCorp has since put out a launch stating that it’s not conscious of any materials adjustments associated to the corporate that may account for the rise in market worth and buying and selling exercise.