Niocorp Stock Surges: U.S. vs. China in Mineral Race

Niocorp Developments Ltd. rose 3.59% in premarket trading. The increase is likely due to the growing demand for critical minerals such as cobalt, lithium, antimony, fluorspar, and copper, which are essential for green energy solutions. The U.S. and other western institutions are supporting domestic development to break China's stranglehold on these minerals, which could benefit Niocorp Developments Ltd. as a potential supplier.