NioCorp Developments Ltd. (NioCorp) has applauded the leadership of the White House in issuing an Executive Order aimed at accelerating U.S. production of critical minerals upon which the U.S. is largely import dependent.
According to NioCorp CEO Mark Smith, this order marks a significant departure from U.S. Executive Branch policy priorities of recent years because of its focus on actively and aggressively supporting increased mining and processing in the U.S. of critical minerals.
He added that the order establishes some very important policy directives to all federal agencies. The order improves increasing activity at all levels of the supply chain, including exploration, mining, concentration, separation, alloying, recycling, and reprocessing critical minerals. It directs federal agencies to promote streamlining leasing and permitting processes to expedite exploration, production, processing, reprocessing, recycling, and domestic refining of critical minerals.