NioCorp’s Elk Creek Project Confirmed as the Second Largest Indicated-Or-Better Rare Earth Resource in the U.S.
An updated feasibility study of NioCorp’s Elk Creek Project shows that the Project is the second-largest indicated-or-better rare earth resource in the U.S., second only to MP Materials’ Mountain Pass rare earth deposit. (TSX: NB; OTCQX: NIOBF)
NioCorp has been named to the TSX30, a list of the top-performing stocks on the Toronto Stock Exchange that represent sustained excellence over the long term.
NioCorp Scores Initial Success in Metallurgical Testing of Elk Creek Ore Samples to Optimize Process and Demonstrate Potential Extraction of Rare Earth Elements
NioCorp is pleased to announce success in the first stage of metallurgical testing that is designed to optimize the Elk Creek flowsheet and evaluate the potential integration of rare earth recovery to the Elk Creek Project.
We believe in strengthening our world and protecting the environment through superalloy materials like Niobium, Scandium, and Titanium. These critical minerals help improve fuel economy, increase safety, reduce harmful air emissions, protect our environment, and help keep the world safer and more secure.
The Elk Creek Superalloy Materials Project is one of the few pure-play critical minerals projects in the U.S. with a definitive feasibility study completed and key U.S. federal permits already obtained. It is the highest grade niobium project in North America as well as one of the world's largest prospective scandium producers.
NioCorp is led by a Board of Directors comprised of distinguished and highly experienced leaders, including several with decades of experience in the mining and advanced materials spaces. Our management team is also highly experienced in designing, constructing, and operating critical minerals projects.
A publicly traded company currently listed on the Toronto Stock Exchange (TSX:NB) and the US-based Over The Counter exchange (OTCQX:NIOBF), NioCorp represents a unique investment opportunity. NioCorp is a former TSX Venture 50® "Top Performer" among mining companies.
REPLAY: NioCorp Investor Update Webcast
NioCorp conducted a one-hour investor update webcast on May 25, 2022 discussing in detail the results of the recently updated Elk Creek Critical Minerals Project Feasibility Study. A video replay of this webcast is now available for viewing by the public here: https://youtu.be/criUOu0kil0
The Elk Creek Project: A Deep Dive Briefing
Watch NioCorp Executive Chairman Mark A. Smith and Chief Operating Officer Scott Honan as they provide a detailed briefing of the Company’s Elk Creek Superalloy Materials Project in southeast Nebraska. They also discuss an update to NioCorp management business plan, which envisions potentially adding several highly sought-after rare earth products to our currently planned product suite of Niobium, Scandium and Titanium. See the video here.
NioCorp Featured on Fox Business News
Fox Business Network anchor Liz Claman recently highlighted NioCorp’s Elk Creek Project. See her interview with NioCorp CEO and Executive Chairman Mark A. Smith here.
Information for Investors
A publicly traded mineral exploration company, NioCorp Developments Ltd. is currently developing the Elk Creek Superalloy Materials Project, a large underground deposit in southeast Nebraska rich in Niobium, Scandium and Titanium that has a positive NI-43-101 Feasibility Study completed. Investors all around the world follow NioCorp’s progression toward project financing and the launch of construction of this unique critical minerals project. See information about investing in NioCorp here.
Elk Creek Feasibility Study
The 2019 Elk Creek Feasibility Study shows that the Project is expected to deliver higher Net Present Value, stronger financial returns, accelerated cash flows, a longer mine life, higher production of all of NioCorp’s planned products in the first 10 years of operation, and a further reduction in execution risk and environmental impacts as compared to the 2017 Project Feasibility Study.
Our Critical Minerals
NioCorp plans to produce three minerals at its Elk Creek, Nebraska Project that are all considered “critical” by the U.S. Government. This makes the Elk Creek Project one of the few pure-play, greenfield critical minerals mines in the U.S. that have a NI-43-101 Feasibility Study completed and are ready for funding and construction.
The Elk Creek Critical Minerals Mine
By The Numbers
Averaged EDITDA Over Mine Life
Average EBITDA Margin over Mine Life
Gross Revenue Over Mine Life
Cumulative Net Cash Flow Over Mine Life (after tax)
Payback Period from Production Start
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