NioCorp Featured on Fox Business News
Fox Business Network anchor Liz Claman recently highlighted NioCorp's Elk Creek Project. See her interview with NioCorp CEO and Executive Chairman Mark A. Smith here.
Titanium has the highest strength-to-density ratio of any metallic element, and it is used in wide variety of sectors, including aerospace, national defense, chemical processing, desalination, automotive, health care, communications, sporting goods, and many others. Titanium in its oxide form also is used in the manufacture of pigments in paints, plastics and paper, and is a photocatalyst.
Phase at Room Temp.
1941 K (1668°C or 3034°F)
3560 K (3287°C or 5949°F)
4.5 grams per cubic centimeter
Major Uses of Titanium
The primarily use by volume for titanium today is in pigments in paints, plastics and paper. It also is used to make strong and lightweight metal alloys.
National Defense Uses
Titanium has a wide range of applications in national defense technologies, such as in strong, lightweight alloys for aerospace, armor, chemical processing, marine hardware, medical implants, power generation, and others.
Titanium Markets Can Expand
Global markets for titanium are large, and have significant capacity to expand.
Superalloy Blog Posts
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.
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.
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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