NioCorp Investor Presentation Deck
Magnetic Rare Earth Elements
O NioCorp has signed a non-binding term sheet with Stellantis NV for possible sale of these
magnetic rare earth oxides: NdPr, Dy, and Tb.²
Tonnes
O Global magnetic REE oxide consumption value is forecast to increase 3x by 2035, from
US$15.1 billion in 2022 to US$46.2 billion by 2035.¹
Global REE markets are forecast to under-produce NdPr, Dy, and Tb oxides from 2022
onward unless significant new supplies are brought online.1¹
Historical global consumption and forecast demand for magnet
rare earth oxides by end-use category
250,000
200,000
150,000
MAGNETIC RARE EARTHS: Global Demand to Grow 3X by 2035¹
100,000
50,000
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
2027
NioCorp
Critical Mineral Security
2028
2029-
2030
2031
2032
2033
2034
2035
Automotive
(Passenger & commercial EVs;
micromotors / sensors/speakers;
other e-mobility)
Consumer Electronics,
Appliances, Power Tools
Wind Power
Industrial Applications
Miscellaneous
Growth Rates for Magnetic REE
Consumption by Sector from
20222035¹
Sector
Retail and Commercial EV
Traction Motors
Direct drive and hybrid
drive wind power
generators
Automotive micromotors,
sensors, and car speakers
Industrial motors, pumps,
generators, robotics
Electronics, appliances,
power tools
All other uses
CAGR
14.0%
13.0%
4.9%
4.2%
4.1%
12.6%
Automotive market requires
significant REEs with EV traction
expected to drive a 14.1% CAGR¹
Global Magnetic REE Demand Drivers
GHG
reductions
driven by
greater use of
electric
vehicles and
other tech
Demand for
magnetic rare
earths is expected
to grow by more
than 150% from
2020 to 2030.¹
ed)
Demand for
direct drive and
hybrid drive
wind turbines
requires
significant REE
volumes
Demand expected
to grow at 13.0%
CAGR by 2035.¹
Acute global
supply
shortages
of magnetic
REES are
forecast
Shortages of rare
earth alloys for
magnets forecast to
be equal to one-
third of the total
market by 2035.¹
1"Rare Earth Magnet Market Outlook to 2035," Adamas Intelligence, 2022. All REE calculations carried on an elemental basis.
2 NioCorp is currently conducting technical and economic analyses on the potential addition of magnetic rare earth oxides to its planned product suite. Final determination of possible rare earth production can be made only
after work related to a mineral reserve update, additional engineering, updated project capital and operating cost estimates, and other required information is produced for publication in a new Feasibility Study.
15View entire presentation