Niobium Mine in Nebraska

[almighty_tuna]

Hey, Wags!!

[the1wags]

Hey, Wags!!

[Omaha Cowboy]

Hey, Wags!!

Sweet! Great to see you back on Josh! …

Ciao..LiO…Peace

[ita]

Developers of southeast Nebraska mine brush off ‘investigation’ by NY law firm

Paul Hammel
Developers of a proposed niobium mine in southeast Nebraska are brushing off an announced “investigation” by a New York law firm over its delayed annual financial report for 2022-23.

The firm, Pomerantz LLP, bills itself as a “premier firm” in the areas of corporate litigation, and stated in a press release earlier this month that it was probing whether NioCorp and its officers or directors “engaged in securities fraud or other unlawful business practices.”

Pomerantz officials declined to comment further when contacted by the Nebraska Examiner.

But a spokesman for NioCorp and a former board member of the project dismissed the probe as “trolling for clients” to file a lawsuit.

[ita]

NioCorp explores magnet recycling

Dan Swanson
NioCorp is planning to investigate recycling of magnets as part of its proposed Elk Creek critical minerals project.

The company will examine the feasibility of recycling magnets used in computer hard disc drives, mobile phones and televisions to make new magnets.

A press release says the study is separate from the work to update the Elk Creek project feasibility study, but processes proposed at Elk Creek could be used to separate old magnets back into rare earth products.

NioCorp executive Mark Smith said successful recycling would add value to the processing approach the company intends to deploy in Nebraska.