09:32 AM EST - NioBay Metals Inc. : Announced the beginning of a series of hydrometallurgical process testing for the production of battery grade niobium at its James Bay Niobium project located on Moose Cree First Nation traditional territory, 42 km south of Moosonee, Ontario. NioBay has identified a number of companies, including Toshiba, QuantumScape, and other private companies, who are making use of niobium to develop revolutionary battery technologies. Niobium-based materials enable super-fast charging times (1 to 10 minutes or a charge rate of 60C to 6C), increased battery safety, long cycle life (+10,000 charge cycles) and improved Electric-Vehicle (EV) performance. NioBay Metals Inc.
shares V.NBY are trading up 8 cents at $1.02.
