Mission Critical - Reshoring the Minerals That Power America’s Military: Mark Smith
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Mark Smith, CEO of NioCorp (NASDAQ: NB) is on a mission to reshore some of the most critical minerals to the American defense industry, metals such as Niobium and Scandium, with supply chains currently dominated by China. Mark breaks down the macro factors driving these metals, along with explaining how NioCorp plans to achieve its objectives, with the full backing of the federal government and the pentagon in bringing their polymetallic Elk Creek project online in Nebraska.
NioCorp Website: https://www.niocorp.com
Follow NioCorp on X: https://x.com/NioCorp
Disclaimer: Commodity Culture was compensated by NioCorp for producing this interview. Jesse Day is not a shareholder of NioCorp. Nothing contained in this video is to be construed as investment advice, do your own due diligence.
00:00 Introduction
00:32 Importance of Niobium
05:52 Can the US Onshore Production?
13:08 Critical Minerals for Defense
20:22 Overview of NioCorp
26:09 Support From the Pentagon
29:58 NioCorp's Cash Position
35:15 Final Words on NioCorp
Follow Jesse Day on X: https://x.com/jessebday
Commodity Culture on Youtube: https://youtube.com/c/CommodityCulture