National Security Critical Minerals
The superalloy metals that NioCorp intends to produce in Nebraska — Niobium, Scandium, and Titanium — are all vital to a range of national security and homeland security applications and technologies utilized by all branches of the military. Not only that, but according to the U.S. Geological Survey (USGS), the U.S. is 100% reliant on foreign nations for the niobium and scandium that we use in national defense systems, and is more than 90% reliant on foreign nations for titanium mineral concentrate. Moreover, the U.S. Government considers niobium such a critical and strategic material that is has purchased niobium and currently stores it in the National Defense Stockpile (NDS) in the event of national emergencies. Only a handful of critical strategic materials are considered so important that they are stored in the NDS.
National Security Systems 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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