NioCorp to Discuss Technology Innovation at Scandium Symposium
NioCorp Developments (NASDAQ:NB) will present at the 3rd Annual Scandium Symposium in Washington, D.C. on October 14, 2024. CEO Mark Smith and COO Scott Honan will discuss the company's efforts to advance technology innovation using scandium for vehicle lightweighting, reducing automotive manufacturing costs, and cutting CO2 emissions. They will highlight NioCorp's plans to establish the U.S. as a global leader in scandium production through its Elk Creek Critical Minerals Project. The presentation will also cover ongoing collaborations with manufacturers to promote scandium use in various transportation systems. NioCorp is sponsoring the event, which will be held at the Grand Hyatt Hotel.
NioCorp Developments (NASDAQ:NB) parteciperà al 3° Simposio Annuale dello Scandio a Washington, D.C. il 14 ottobre 2024. Il CEO Mark Smith e il COO Scott Honan discuteranno degli sforzi dell'azienda per promuovere l'innovazione tecnologica utilizzando lo scandio per ridurre il peso dei veicoli, abbattere i costi di produzione automobilistica e ridurre le emissioni di CO2. Sottolineeranno i piani di NioCorp per stabilire gli Stati Uniti come leader globale nella produzione di scandio attraverso il suo Progetto Minerali Critici Elk Creek. La presentazione coprirà anche le collaborazioni in corso con i produttori per promuovere l'uso dello scandio in vari sistemi di trasporto. NioCorp è sponsor dell'evento, che si terrà presso il Grand Hyatt Hotel.
NioCorp Developments (NASDAQ:NB) presentará en el 3er Simposio Anual de Escandio en Washington, D.C. el 14 de octubre de 2024. El CEO Mark Smith y el COO Scott Honan discutirán los esfuerzos de la empresa para avanzar en la innovación tecnológica utilizando escandio para reducir el peso de los vehículos, bajar los costos de fabricación de automóviles y reducir las emisiones de CO2. Destacarán los planes de NioCorp para establecer a EE. UU. como líder global en la producción de escandio a través de su Proyecto de Minerales Críticos Elk Creek. La presentación también abordará colaboraciones en curso con fabricantes para promover el uso del escandio en varios sistemas de transporte. NioCorp patrocina el evento, que se llevará a cabo en el Grand Hyatt Hotel.
NioCorp Developments (NASDAQ:NB)는 2024년 10월 14일 워싱턴 D.C.에서 열리는 제3회 스칸듐 심포지엄에 참석합니다. CEO 마크 스미스와 COO 스콧 호난은 스칸듐을 사용한 기술 혁신을 촉진하기 위한 회사의 노력을 논의할 예정입니다. 이들은 차량 경량화, 자동차 제조 비용 절감, CO2 배출 감소를 위한 전략에 대해 이야기할 것입니다. 또한 NioCorp의 엘크 크릭 필수 광물 프로젝트를 통해 미국을 스칸듐 생산의 세계적인 리더로 확립할 계획을 강조할 것입니다. 발표는 다양한 수송 시스템에서 스칸듐 사용을 촉진하기 위한 제조업체와의 ongoing 협력도 다룰 것입니다. NioCorp는 행사를 후원하고 있으며, 행사는 그랜드 하얏트 호텔에서 열릴 예정입니다.
NioCorp Developments (NASDAQ:NB) présentera lors du 3ème Symposium Annuel sur le Scandium à Washington, D.C. le 14 octobre 2024. Le PDG Mark Smith et le COO Scott Honan discuteront des efforts de l'entreprise pour promouvoir l'innovation technologique utilisant le scandium pour alléger les véhicules, réduire les coûts de fabrication automobile et diminuant les émissions de CO2. Ils mettront en avant les plans de NioCorp pour établir les États-Unis en tant que leader mondial de la production de scandium grâce à son Projet de Minéraux Critiques d'Elk Creek. La présentation couvrira également les collaborations en cours avec des fabricants pour promouvoir l'utilisation du scandium dans divers systèmes de transport. NioCorp sponsorise l'événement, qui se tiendra au Grand Hyatt Hotel.
NioCorp Developments (NASDAQ:NB) wird am 14. Oktober 2024 auf dem 3. jährlichen Scandium-Symposium in Washington, D.C. präsentieren. CEO Mark Smith und COO Scott Honan werden die Bemühungen des Unternehmens erörtern, technologische Innovationen mittels Scandium voranzutreiben, um das Gewicht von Fahrzeugen zu reduzieren, die Herstellungs kosten in der Automobilindustrie zu senken und CO2-Emissionen zu verringern. Sie werden die Pläne von NioCorp hervorheben, die USA als globalen Führer in der Scandium-Produktion durch das Elk Creek Critical Minerals Project zu etablieren. Die Präsentation wird auch laufende Kooperationen mit Herstellern zur Förderung der Scandium-Nutzung in verschiedenen Verkehrssystemen behandeln. NioCorp ist Sponsor der Veranstaltung, die im Grand Hyatt Hotel stattfinden wird.
- Potential to establish U.S. as a global leader in scandium production
- Ongoing collaborations with manufacturers for scandium applications
- Opportunity to showcase technology innovation to markets and government leaders
- None.
NioCorp CEO Mark Smith and COO Scott Honan to present at the 3rd Annual Scandium Symposium in Washington, D.C. on October 14, 2024
CENTENNIAL, CO / ACCESSWIRE / September 16, 2024 / NioCorp Developments Ltd. ("NioCorp" or the "Company") (NASDAQ:NB) will provide an update to markets and government leaders at the 3rd Annual Scandium Symposium in Washington, D.C. on October 14, 2024 on the Company's efforts to advance technology innovation that relies on scandium to lightweight vehicles, cut automotive manufacturing costs, and reduce CO2 emissions.
NioCorp is sponsoring and will present at the Scandium Symposium, hosted by Metal-Events Limited, which will be held at the Grand Hyatt Hotel in D.C. More information on the event can be seen here.
NioCorp CEO and Executive Chairman Mark Smith and Chief Operating Officer Scott Honan will both speak at the conference on NioCorp's plans to establish the U.S. as a global leader in the production of scandium through the Company's Elk Creek Critical Minerals Project (the "Elk Creek Project"). They will both discuss ongoing collaboration with manufacturers to advance the use of scandium in various transportation systems and platforms.
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FOR MORE INFORMATION:
Jim Sims, Corporate Communications Officer, NioCorp Developments Ltd., (720) 334-7066, jim.sims@niocorp.com
@NioCorp $NB #Niobium #Scandium #rareearth #neodymium #dysprosium #terbium #ElkCreek #EV #electricvehicle
ABOUT NIOCORP
NioCorp is developing a critical minerals project in Southeast Nebraska that is expected to produce niobium, scandium, and titanium. The Company also is evaluating the potential to produce several rare earths from the Elk Creek Project. Niobium is used to produce specialty alloys as well as High Strength, Low Alloy steel, which is a lighter, stronger steel used in automotive, structural, and pipeline applications. Scandium is a specialty metal that can be combined with Aluminum to make alloys with increased strength and improved corrosion resistance. Scandium is also a critical component of advanced solid oxide fuel cells. Titanium is used in various lightweight alloys and is a key component of pigments used in paper, paint and plastics and is also used for aerospace applications, armor, and medical implants. Magnetic rare earths, such as neodymium, praseodymium, terbium, and dysprosium are critical to the making of Neodymium-Iron-Boron magnets, which are used across a wide variety of defense and civilian applications.
FORWARD-LOOKING STATEMENTS
This press release contains forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995 and forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking statements may include, but are not limited to, statements regarding the Company's work in Project PIVOT, the outcome and expected benefits of the initiative's efforts to design innovative new alloy components that can lightweight vehicles, cut manufacturing costs, and reduce CO2 emissions using recycled aluminum alloys containing scandium, NioCorp's expectation of producing niobium, scandium and titanium, and the potential of producing rare earths, at the Elk Creek Project. Forward-looking statements are typically identified by words such as "plan," "believe," "expect," "anticipate," "intend," "outlook," "estimate," "forecast," "project," "continue," "could," "may," "might," "possible," "potential," "predict," "should," "would" and other similar words and expressions, but the absence of these words does not mean that a statement is not forward-looking.
The forward-looking statements are based on the current expectations of the management of NioCorp and are inherently subject to uncertainties and changes in circumstances and their potential effects and speak only as of the date of such statement. There can be no assurance that future developments will be those that have been anticipated. Forward-looking statements reflect material expectations and assumptions, including, without limitation, expectations and assumptions relating to: NioCorp's ability to receive sufficient project financing for the construction of the Elk Creek Project on acceptable terms or at all; the future price of metals; the stability of the financial and capital markets; and current estimates and assumptions regarding the business combination with GX Acquisition Corp. II (the "Business Combination") and the standby equity purchase agreement (the "Yorkville Equity Facility Financing Agreement" and, together with the Business Combination, the "Transactions") with YA II PN, Ltd., an investment fund managed by Yorkville Advisors Global, LP, and their benefits. Such expectations and assumptions are inherently subject to uncertainties and contingencies regarding future events and, as such, are subject to change. Forward-looking statements involve a number of risks, uncertainties or other factors that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements. These risks and uncertainties include, but are not limited to, those discussed and identified in public filings made by NioCorp with the U.S. Securities and Exchange Commission and with the applicable Canadian securities regulatory authorities and the following: NioCorp's ability to operate as a going concern; NioCorp's requirement of significant additional capital; NioCorp's ability to receive sufficient project financing for the construction of the Elk Creek Project on acceptable terms or at all; NioCorp's ability to receive a final commitment of financiang from the Export-Import Bank of the United States on the anticipated timeline, on acceptable terms, or at all; NioCorp's ability to recognize the anticipated benefits of the Transactions, including NioCorp's ability to access the full amount of the expected net proceeds of under the Yorkville Equity Facility Financing Agreement; NioCorp's ability to continue to meet the listing standards of The Nasdaq Stock Market LLC; risks relating to NioCorp's common shares, including price volatility, lack of dividend payments and dilution or the perception of the likelihood of any of the foregoing; the extent to which NioCorp's level of indebtedness and/or the terms contained in agreements governing NioCorp's indebtedness or the Yorkville Equity Facility Financing Agreement may impair NioCorp's ability to obtain additional financing; covenants contained in agreements with NioCorp's secured creditors that may affect its assets; NioCorp's limited operating history; NioCorp's history of losses; the material weaknesses in NioCorp's internal control over financial reporting, NioCorp's efforts to remediate such material weaknesses and the timing of remediation; the possibility that NioCorp may qualify as a passive foreign investment company under the U.S. Internal Revenue Code of 1986, as amended (the "Code"); the potential that the Transactions could result in NioCorp becoming subject to materially adverse U.S. federal income tax consequences as a result of the application of Section 7874 and related sections of the Code; cost increases for NioCorp's exploration and, if warranted, development projects; a disruption in, or failure of, NioCorp's information technology systems, including those related to cybersecurity; equipment and supply shortages; variations in the market demand for, and prices of, niobium, scandium, titanium and rare earth products; current and future offtake agreements, joint ventures, and partnerships; NioCorp's ability to attract qualified management; estimates of mineral resources and reserves; mineral exploration and production activities; feasibility study results; the results of metallurgical testing; the results of technological research; changes in demand for and price of commodities (such as fuel and electricity) and currencies; competition in the mining industry; changes or disruptions in the securities markets; legislative, political or economic developments, including changes in federal and/or state laws that may significantly affect the mining industry; the impacts of climate change, as well as actions taken or required by governments related to strengthening resilience in the face of potential impacts from climate change; the need to obtain permits and comply with laws and regulations and other regulatory requirements; the timing and reliability of sampling and assay data; the possibility that actual results of work may differ from projections/expectations or may not realize the perceived potential of NioCorp's projects; risks of accidents, equipment breakdowns, and labor disputes or other unanticipated difficulties or interruptions; the possibility of cost overruns or unanticipated expenses in development programs; operating or technical difficulties in connection with exploration, mining, or development activities; management of the water balance at the Elk Creek Project site; land reclamation requirements related to the Elk Creek Project; the speculative nature of mineral exploration and development, including the risks of diminishing quantities of grades of reserves and resources; claims on the title to NioCorp's properties; potential future litigation; and NioCorp's lack of insurance covering all of NioCorp's operations.
Should one or more of these risks or uncertainties materialize or should any of the assumptions made by the management of NioCorp prove incorrect, actual results may vary in material respects from those projected in these forward-looking statements.
All subsequent written and oral forward-looking statements concerning the matters addressed herein and attributable to NioCorp or any person acting on its behalf are expressly qualified in their entirety by the cautionary statements contained or referred to herein. Except to the extent required by applicable law or regulation, NioCorp undertakes no obligation to update these forward-looking statements to reflect events or circumstances after the date hereof to reflect the occurrence of unanticipated events.
SOURCE: NioCorp Developments Ltd.
View the original press release on accesswire.com
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