NioCorp Completed Successful Testing Of Its Proposed Hydrometallurgical Process For Producing Critical Minerals At The Proposed Elk Creek Critical Minerals Project In Southeast Nebraska For Use In Recycling Post-consumer Permanent Rare Earth Magnets
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NioCorp has successfully tested its hydrometallurgical process for producing critical minerals at the Elk Creek Project in Nebraska. This process is intended for recycling post-consumer permanent rare earth magnets.
October 30, 2024 | 11:20 am
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NioCorp's successful testing of its hydrometallurgical process at the Elk Creek Project could enhance its position in the critical minerals market, particularly in recycling rare earth magnets.
The successful testing of the hydrometallurgical process is a significant step for NioCorp, as it could lead to increased production capabilities and market share in the critical minerals sector, particularly in recycling rare earth magnets. This development is likely to positively impact NioCorp's stock price in the short term.
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