NioCorp has initiated testing of Elk Creek ore using High-Pressure Grinding Rolls technology, which is an energy-efficient and low-emission alternative for reducing the size of the ore to enable the recovery of niobium, scandium, titanium, and potential rare earth products.
ELK CREEK, Neb. — There’s been talk of a mine in southeast Nebraska for decades. The project has promised riches and jobs and property tax relief — all things that have yet to materialize. But the current company at the helm says that’s about to change. What’s different this time?
NioCorp Closes on Purchase of Key Nebraska Land Parcel for the Elk Creek Superalloy Materials Project
NioCorp closes on the purchase of a key land parcel associated with the Company’s Elk Creek Superalloy Materials Project on which the Project’s mine infrastructure and supporting operations will be located. Ownership of the land also gives NioCorp ownership of the mineral rights to more than 90% of the Project’s Mineral Resource and Mineral Reserve.
New Video: NioCorp’s Scott Honan Discusses the Potential of Adding Rare Earths to the Elk Creek Project’s Planned Product Suite
In a new video, NioCorp Chief Operations Officer Scott Honan discusses NioCorp’s ongoing review of the economic prospect of adding rare-earth-based products to the company’s existing planned product suite of niobium, scandium, and titanium critical materials products, once project financing is secured and the Project is operational.
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.
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. Use the link below to learn more about investing in NioCorp.
2019 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
The Superalloy Blog
As the U.S. looks to repair crumbling infrastructure systems, I expect to see more high-performance steels (HPS) used in structures like bridges because of the many powerful benefits they deliver. HPS steels containing a small amount of ferroniobium – which NioCorp plans to produce in southeast Nebraska at our Elk Creek Superalloy Materials Project once we are funded and in operation – are among the strongest and most durable steels on the market today.
If a $2 trillion U.S. infrastructure package is enacted, it could create a major, long-term demand boom for the critical minerals needed by infrastructure and advanced transportation systems, according to NioCorp’s CEO Mark Smith.
One global macro trend is highly likely to accelerate in the aftermath of COVID-19: increased investment in domestic materials supply chains as a means of reducing the reliance of Western nations on supply chains in developing nations. Asia’s dominance in many strategic supply chains has become painfully obvious since the COVID-19 pandemic erupted.
NioCorp CEO and Chairman Mark Smith presents to investors around the world on the Elk Creek Critical Minerals Project in the H.C. Wainwright Spring 2021 Mining Conference.
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