Infrastructure Critical Minerals
As nations around the world invest in programs to strengthen and expand transportation and other infrastructure systems, increasing attention is being focused on Niobium. Why? Because when added to steel, Niobium makes it stronger, lighter in weight, and highly resistant to corrosion. Niobium-contained High Strength, Low Alloy (HSLA) steel is increasingly used in buildings, bridges, dams, and other large construction and mega-steel projects. HSLA steel highly bridges with Niobium can be designed to last more than a century of use, as opposed to conventional highway bridges that may last only 30-40 years before having to undergo major repair work.
Scandium presents potentially revolutionary applications in transportation applications, which play a vital role in the ultimate cost of transportation infrastructure systems. For example, Scandium’s potential to lightweight commercial jetliners, automotive applications, and mass transit systems may have major implications for transportation infrastructure projects such as roads, bridges, tunnels, airports, and other transportation hubs.
Below are just a few examples of how these three superalloy materials are utilized in construction and infrastructure technologies around the world.
Aerospace Applications That Utilize NioCorp’s Planned Products
Superalloy Blog Posts
The more we mine and manufacture our own critical minerals and materials, the more secure our collective economic and national security will be. But there is another compelling driver behind the resurgence of interest in critical minerals mining and manufacturing: high-tech jobs and economic growth for states and localities.
Environmental, social, and governance (ESG) factors play a major role in any business, particularly those involved in natural resource development. Doing right by the environment while we serve the needs of our customers, and serving our society’s need for critical minerals, are central to the mission of the NioCorp team.
The technology and market fundamentals of ferroniobium, a critical and strategic material vital to many defense and civilian applications, are increasingly compelling to producers, consumers, and government policymakers. The fundamentals of ferroniobium coalesce to form an exciting and robust future for this critical material.
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