NioCorp Developments Ltd Chief Operating Officer Scott Honan joined Proactive to discuss the highlights of a recently completed feasibility study, that has shown its Elk Creek project as having the second-largest indicated-or-better rare earth resource in the US, behind only the Mountain Pass rare earth deposit owned by MP Materials. Honan discusses how the group plans to produce rare earths via solvent extraction and the group's approach to produce these elements at a commercial scale.
NioCorp Developments has a 'very large rare earth deposit' in Nebraska