Niocorp Developments Ltd's Comment on Supply Chain
The text outlines raw materials and associated costs for titanium tetrachloride (TiCl₄) production, including chlorine gas, petroleum coke, calcium hydroxide, and ore. It indicates that standalone TiCl₄ facilities generally incur higher costs than integrated pigment-plant producers. The viability of TiCl₄ production at Elk Creek depends on securing strategic supply agreements or focusing on specialty chemical markets. Scandium trioxide production is primarily concentrated in China, where it is produced mainly as a by-product of iron ore and rare earth element processing. NioCorp Developments Ltd. commissioned OnG Commodities LLC to conduct an independent market assessment. Known producers of scandium oxide include Hunan Oriental Scandium and China MinMetals / MCC. Hunan Oriental Scandium serves as a primary supplier to Bloom Energy and has potential plans for expansion. Other suppliers referenced include TZMI.
Niocorp Developments Ltd's Comment on Supply Chain
The text outlines raw materials and associated costs for titanium tetrachloride (TiCl₄) production, including chlorine gas, petroleum coke, calcium hydroxide, and ore. It indicates that standalone TiCl₄ facilities generally incur higher costs than integrated pigment-plant producers. The viability of TiCl₄ production at Elk Creek depends on securing strategic supply agreements or focusing on specialty chemical markets. Scandium trioxide production is primarily concentrated in China, where it is produced mainly as a by-product of iron ore and rare earth element processing. NioCorp Developments Ltd. commissioned OnG Commodities LLC to conduct an independent market assessment. Known producers of scandium oxide include Hunan Oriental Scandium and China MinMetals / MCC. Hunan Oriental Scandium serves as a primary supplier to Bloom Energy and has potential plans for expansion. Other suppliers referenced include TZMI.
Sources:
Niocorp Developments Ltd 's official press releases and regulatory filings; CSIMarket.com's supply-chain research; and the financial filings and press releases of other companies cited in this report.
Updated on:
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