NioCorp Developments

NioCorp is developing the Elk Creek Critical Minerals Project in southeast Nebraska, a U.S. source of niobium, scandium, titanium, and magnetic rare earth elements. Its 2026 NI 43-101 Feasibility Study defines an eight product operation with a 40-year mine life and a $4.1 billion pre-tax NPV, supplying minerals essential to defense, aerospace, robotics, AI, and energy that the United States largely imports today. NioCorp has raised more than $500 million since January 2025, has received a $10 million Pentagon Title III award, and is under consideration by the U.S. Export-Import Bank for debt financing of up to 65% of the Project’s CAPEX costs. With all major permits in hand, a completed NI 43-101 feasibility study and mine-portal construction underway, NioCorp is advancing toward project financing and the acceleration of pre-construction work as a cornerstone of America’s effort to secure a reliable, long-term supply of critical minerals for U.S. manufacturing and defense.