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Why NioCorp Stock Soared Today
The Motley Fool·
NioCorp stock jumped over 10% after CEO Mark Smith announced on CNBC that trade agreements for critical minerals between the U.S. and allies like Japan, the EU, and Mexico could be announced 'literally any day.' This follows President Trump's 180-day deadline to address national security concerns regarding imported processed critical minerals. The company is pursuing its Elk Creek Project to produce rare-earth elements, with potential price floors expected to enhance project financing and returns.
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