Fox News published today an opinion-editorial by Mark A. Smith, CEO and Executive Chairman of NioCorp Developments, regarding the coming rare earth crisis driven by America’s overwhelming reliance on rare earths imported from China.
In a new video, NioCorp leaders discuss the latest developments with the Company’s metallurgical demonstration plant now operating in Quebec and provide never-before-seen footage of the demonstration plant in operation.
Niocorp to Host Town Hall Meetings and Briefing with Governor-Elect in Syracuse, Nebraska on Nov. 17, 2022
NioCorp will hold two separate town hall Meetings on Thursday, November 17, 2022 to discuss progress being made on the Elk Creek Critical Minerals Project.
NioCorp CEO: Automotive Industry Should Not Count on Sufficient Rare Earth Minerals Coming From China
Automotive and other manufacturers should not count on sufficient supplies of rare earths and other critical minerals coming from China, because China is increasingly consuming its own production for electric vehicles and other technologies that use permanent rare earth magnets, according to NioCorp’s CEO.
Elk Creek Critical Minerals Project Update
Site Preparation Work at NioCorp’s Elk Creek Critical Minerals Project
NioCorp recently commenced site preparation work at the site of the Company’s proposed Elk Creek Critical Minerals Project. The work consisted primarily of tree and brush clearing, in preparation for more extensive land grading and other activities that are expected to commence only after the Project is fully funded. See the video here.
Fox Business News: NioCorp CEO Mark Smith bets on EV demand with mine for rare minerals
Oct. 03, 2022 — NioCorp Executive Chairman and CEO Mark Smith discusses the company’s plan to mine critical minerals for electric vehicle manufacturing on ‘The Claman Countdown.’ See the replay here.
NioCorp and GXII Leaders Speak to Proposed Business Combination
In this video, NioCorp’s Mark Smith and GXII’s Dean Kehler discuss the recently announced business combination between the two companies and answer questions from investors. See the video here.
Why NioCorp’s Elk Creek project is vital for the global EV industry
Proactive Investor’s Stephen Gunnion recently interviewed NioCorp senior executives Mark A. Smith and Scott Honan about the Company’s Elk Creek Critical Minerals Project and how its specialty metals can help reduce greenhouse gas emissions. See the interview here.
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.
Information and FAQs on the NioCorp-GXII Business Combination
NioCorp Developments Ltd. (TSX: NB; OTCQX: NIOBF) and GX Acquisition Corp. II (Nasdaq: GXII) recently announced the signing of a definitive agreement for a proposed business combination between the two companies. To learn more about this proposed deal, see the news release issued here. To see a list of Frequently Asked Questions about the proposed deal, go 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.
2022 Elk Creek Feasibility Study
According to NioCorp’s June 2022 Elk Creek Feasibility Study, the Project has a Pre-Tax Net Present Value of $2.8 billion, a pre-tax Internal Rate of Return 29.2%, and a relatively long mine life of 38 years. The Study also confirms that the Project’s rare earth indicated resource is second only to MP Materials’ Mountain Pass deposit in the U.S.
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
Payback Period from Production Start
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