Trekor Metals Provides Update on Aley Niobium Project Development and Appoints Director

Over the past several years, the Aley Project team has continued development of a proprietary flotation process, resulting in higher niobium recoveries and reduced reagent consumption. The concentrate produced with this process has been used to successfully produce market grade ferroniobium, a critical input for specialty steel production. The team is also evaluating opportunities to use the concentrate to produce high purity niobium oxide directly, or by utilizing a third-party processor.

In connection with this work, the Company has appointed Steve Sparkowich as Director, Aley Niobium, to support technical development, market positioning and commercial strategy for the project. Stuart McDonald, President & CEO of Trekor, commented, Our technical team has done a great job improving Aley’s process flowsheet in recent years. We believe Aley has the potential to be a major new source of niobium, a designated critical mineral in Canada, the United States and Europe, and we look forward to advancing commercial and strategic discussions with niobium consumers seeking a reliable North American supply chain.