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Markets for NioCorp’s Planned Products
There are multiple global markets for each of NioCorp’s planned commercial products. Many of these markets are in relatively high-growth economic sectors. Some of these are listed below.
Markets in which Niobium is Utilized
- Steel Mega Structures
- Automotive
- Oil and Gas
- Shipbuilding
- Aerospace
- Power Generation
- Commercial Aviation
- National Defense
- Advanced Manufacturing and Automation
- Health Care Systems
Current and Prospective Markets for Scandium
- Solid Oxide Fuel Cells
- Additive (3D) Manufacturing
- Automotive
- Sporting Goods
- Shipbuilding
- Aerospace
- Commercial Aviation
- National Defense
- Advanced Manufacturing and Automation
- High-Strength Lighting
- High-Energy Lasers
- Power Distribution
- Oil & gas
Markets in which Titanium is Utilized
- Pigments for paints, plastics, and paper
- Aerospace
- National defense weapons systems
- Armor plating
- Chemical processing
- Marine systems
- Medical implants
- Turbines and power generation
- Drill bits
- Bicycles
- Sporting goods
- Computers and Electronics
Superalloy Blog Posts
The Powerful Benefits of Ferroniobium for Bridges
As the U.S. looks to repair crumbling infrastructure systems, I expect to see more high-performance steels (HPS) used in structures like bridges because of the many powerful benefits they deliver. HPS steels containing a small amount of ferroniobium – which NioCorp plans to produce in southeast Nebraska at our Elk Creek Superalloy Materials Project once we are funded and in operation – are among the strongest and most durable steels on the market today.
What A U.S. Infrastructure / Transportation Initiative Could Mean to Critical Minerals Producers
If a $2 trillion U.S. infrastructure package is enacted, it could create a major, long-term demand boom for the critical minerals needed by infrastructure and advanced transportation systems, according to NioCorp’s CEO Mark Smith.
BEYOND COVID-19: A Resurgence of Domestic Supply Chains?
One global macro trend is highly likely to accelerate in the aftermath of COVID-19: increased investment in domestic materials supply chains as a means of reducing the reliance of Western nations on supply chains in developing nations. Asia’s dominance in many strategic supply chains has become painfully obvious since the COVID-19 pandemic erupted.
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