Stellantis and NioCorp Sign Rare Earth Offtake Term Sheet in Support ...
Stellantis and NioCorp Sign Rare Earth Offtake Term Sheet in Support ...
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Stellantis and NioCorp Sign Rare Earth Offtake Term Sheet in Support ...
The companies hope for a 10-year binding agreement to supply from a site in Nebraska.
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The company that wants to mine for critical minerals in southeast Nebraska has signed a deal with Stellantis, giving the automaker access to the rare earth elements used to produce high-powered magnets needed for its electric vehicles.
NioCorp Developments Ltd. (NASDAQ:NIOBW – Free Report) was the target of a large decrease in short interest in June. As of June 15th, there was short interest totalling 44,500 shares, a decrease of 28.9% from the May 31st total of 62,600 shares. Based on an average trading volume of 8,100 shares, the days-to-cover ratio is […]