For the right 'taste', this guy can get approval from 'Big Guy'. 
Posted on 05/21/2022 1:08:52 PM PDT by Mean Daddy
The mining company that wants to extract a rare heat-resistant element from the ground under southeast Nebraska says a new report shows the deposit it plans to mine holds a significant amount of other rare elements.
NioCorp Developments said Thursday that the latest analysis shows the amount of rare earth elements present where it plans to build the mine about 80 miles south of Omaha near the town of Elk Creek is the second-largest deposit in the United States.
The Centennial, Colorado-based company estimates that there are 632.9 kilotons of rare earth elements there. Those elements are needed to make the powerful magnets used in electric vehicles and other high-tech products.
But the company is still working on analyzing the latest data on the project to determine if it will be economically feasible to produce those rare earth elements along with the niobium, scandium and titanium it plans to produce at the mine. Analysts have said that economic analysis will be key.
Before NioCorp can produce anything, the company still has to raise more than $1 billion to cover the cost of building the mine. Since 2015, NioCorp has raised more than $60 million to pay for the exploration and development of the site.
(Excerpt) Read more at omaha.com ...
I live near there, they’ve been talking about it for over 20 years.
How much are the shares right now?
There never going to mine it, dont bother.
There is a huge manganese deposit north west of Duluth, MN...
There is a huge manganese deposit north west of Duluth, MN...
Isn’t there an endangered cricket or something that would suffer if this deposit was mined? /sarc
We have a lot of rare earth here in the US. But we would prefer that China have control of the global supply, make all the profit from meeting the demand.
Mr. Musk....pick up the phone please...
$0.96
RE; Proposed Nebraska mine has sizable deposit of rare elements
America is blessed with a sizeable deposit of many useful things — oil, gas, minerals, etc. The question is and has always been — are we allowed to extract them?
Probably a LGBTQUI cricket.
In fact, literally, why not.
People identify as dogs, cats, horses, cows, etc...
Why not a protected, a-moral, sodomite cricket.
In the left’s world, this would seem reasonable —
For the right 'taste', this guy can get approval from 'Big Guy'.
This is needed..
The environmentalists will shut it down..
The real enemy is the environmentalists
We have a lot of rare earth here in the US. But we would prefer that China have control of the global supply, make all the profit from meeting the demand.
= = =
Yeah, we protect our rare earth, in National Parks and stuff. Same for oil in preserves, etc....
And when China takes over, they will get that rare earth and oil, etc., National Parks be damned.
Electric vehicles are nice. But extraction of rare earth minerals are preventing us from expanding the market to the average american driver.
We do not have this problem with the ICE vehicles (well, we may do because we are removing Russian oil from the market and Joe Biden has cracked down on oil production here in USA).
Could be a good job for the boring company
Brandon’s EPA will make sure of it.
There is copper there too, enviros will not let it be mined
May be intermittent, but there are very substantial, unexploited, “rare earths” and traditional metals deposits from Hudson Bay, all the way down into IL, MO, AR.
They may have heavy overburden, but there are crazy awesome rock samples pulled from seems between sedimentary, metamorphic, igneous rock scattered all over the place.
There are massive copper and mixed metal deposits which have long been located, and legally properly sought/bought/licensed/etc, but the leftist environmental weenies always get their way, no matter if the law, morality, and common sense are against them.
What’s really weird, the environmental weenies are often just barbaric, trashy, filthy people, morally and physically.
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