NioCorp CEO Warns China's Dual-Use Export Licensing on Heavy Rare Earths "Isn't Going Away"

Core Viewpoint - The remarks from NioCorp's Executive Chairman and CEO Mark A. highlight concerns regarding China's heavy rare earth dual export licensing and the associated risks to the U.S. supply chain [1] Group 1: China's Heavy Rare Earth Export Licensing - China has implemented a dual export licensing system for heavy rare earth elements, which may impact global supply chains [1] - The new licensing requirements could lead to increased costs and supply chain disruptions for companies reliant on these materials [1] Group 2: U.S. Supply Chain Risks - The U.S. supply chain is at risk due to its dependence on foreign sources for critical materials, particularly rare earth elements [1] - Companies in the U.S. may need to explore alternative sourcing strategies to mitigate risks associated with reliance on Chinese exports [1]