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About NioCorp
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.
CRITICAL MINERALS
US Officials Tour Elk Creek Mine Site and Praise Rapid Progress Toward Critical Minerals Production
On Oct. 14, 2026, U.S. Secretary of Energy Chris Wright, Nebraska Governor Jim Pillen, U.S. Senators Deb Fischer and Pete Ricketts, U.S. Representative Adrian Smith, Nebraska State Senator Bob Hallstrom, and other state and local leaders toured NioCorp’s Elk Creek Critical Minerals Mine, currently under construction, and praised NioCorp for its efforts to continuing moving the project toward commercial operation.
U.S. President Trump Promotes NioCorp at Nebraska Rally
"Right here in Nebraska, NioCorp is investing $2 billion to build one of the most advanced critical minerals mines anywhere in the world, creating thousands of jobs."
Donald J. Trump
45th & 47th President of the United States
Growing Tailwinds as National and State Leadership Underscore Elk Creek’s Importance
Senior U.S. elected officials and leaders shared their remarks during NioCorp’s largest-ever Town Hall, attended by more than 600 community members, business leaders and investors in Dec. 2025.
The Strategic Imperative to Build the Elk Creek Project
With all eight minerals designated as critical and three considered most critical, the Elk Creek Project is one of the most strategic critical mineral assets in the U.S.
