NioCorp to Present at the 5th Annual Cleantech and Technology Metals Summit on May 10, 2016
Mark A. Smith, CEO and Executive Chairman of NioCorp Developments Ltd. (“NioCorp” or the “Company”) (TSX: NB; OTCQX: NIOBF; and FSE: BR3) will speak at the 5th Annual Cleantech and Technology Metals Summit on May 10, 2016, in Toronto, the Company announced today.
Mr. Smith will provide an update on NioCorp’s Elk Creek, Nebraska Superalloy Materials Project. The project will establish NioCorp as the only producer in the U.S. of the technology metals Niobium and Scandium, which have important uses in superalloy, infrastructure, automotive, aerospace, defense, oil & gas, clean energy, and other applications. More information on the Elk Creek Superalloy Materials Project can be seen here.
NioCorp is closing in on completion of its Elk Creek Feasibility Study, which it expects to issue in Q3/Q4 of 2016. The Company recently announced the successful completion of a solvent extraction pilot plant for the recovery of scandium, which is a key milestone in the Feasibility Study process.
In addition to providing an update on NioCorp, Mr. Smith will provide opening remarks to kick off the two-day conference. Information on the event, hosted by InvestorIntel, can be seen here.
Executive Chairman, CEO and Director
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Source: NioCorp Developments Ltd.
@NioCorp $NB $NIOBF #Niobium #Scandium #ElkCreek
For More Information
Contact Jim Sims, VP of External Affairs, NioCorp Developments Ltd., 855-2-NIOCORP (855-264-6267), firstname.lastname@example.org
NioCorp is developing a superalloy materials project in Southeast Nebraska that will produce niobium, scandium, and titanium. Niobium is used to produce superalloys as well as High Strength, Low Alloy (“HSLA”) steel, which is a lighter, stronger steel used in automotive, structural, and pipeline applications. Scandium can be combined with Aluminum to make super-high-performance alloys with increased strength and improved corrosion resistance. Scandium also is a critical component of advanced solid oxide fuel cells. Titanium is used in various superalloys and has extensive uses in aerospace, defense, transportation, medical, and other applications. It also is a key component of pigments used in paper, paint and plastics.
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