What We Do

N is a publicly traded company that is developing the Elk Creek Project, a very large underground deposit in southeast Nebraska that is rich in Niobium, Scandium and Titanium – superalloy metals that have all been designated as “Critical Minerals” by the U.S. Government.

Our Company: At A Glance

• Tickers: TSX: NB / OTCQX: NIOBF
• Market Cap (02/1/2019):  CAD $143 million
• Insider Ownership: ~11%
• Incorporated: 1987
• Employees: 10
• Corporate HQ: Centennial, CO

Our Planned Products

NioCorp plans to produce the following commercial products from Elk Creek:

1. Ferroniobium (FeNb): Used in mega-steel infrastructure projects, oil and gas pipelines, vehicles, commercial aviation, aerospace, and defense systems.   
2. Scandium Trioxide (Sc2O3): Added to high-performance aluminum alloys used in the transportation, defense, commercial aviation and other industries.   
3. Titanium Dioxide (TiO2): Used in commercial and defense markets, including pigments, thin films, cosmetics, aircraft, armor, ships and other equipment.

Investment Highlights

• NioCorp has the highest-grade primary Niobium resource in North America, and the only such resource under development in the U.S. Additional market opportunities are available from a co-product (Scandium) and a byproduct (Titanium).  In all, NioCorp will produce three commercial products – all critical minerals – from a single ore body, which maximizes production and sales flexibility.   

• The Company’s three products are valuable superalloy additives used in large, diverse end markets, including transportation, aerospace and defense, oil and gas, advanced manufacturing and steel mega-structures.  Niobium has a global market value of over $2 billion.   

• The Elk Creek Project is one of the few pure-play critical minerals projects in the U.S. with a definitive feasibility study completed, key U.S. federal permits already obtained, and strong support from local residents.   

• 75% of the Company’s Niobium product (Ferroniobium) is already under an enforceable sales contract for the first 10 years of production.  50% of that offtake has been sold to ThyssenKrupp, which enables in-principle eligibility for the project of a German Government Loan Guarantee of approximately $130M.  

• Approximately 10% of the Project’s expected scandium production over 10 years has been sold to Traxys North America LLC, a global leader in specialty metals.  

• The Elk Creek Project has highly attractive mine economics:

  • A 32-year mine life with 3.4 year pre-tax payback period from production  

  • A pre-tax Net Present Value (“NPV”) of $2.3 billion and Internal Rate of Return (“IRR”) of 24.3%; after-tax NPV of $1.7 billion and IRR of 21.7%   

  • An average EBITDA of $389.6 million over operating life; average EBITDA margin over operating life of 69.5%

• The Project is led by a highly experienced Board of Directors and a seasoned management team led by veterans with decades of experience developing and operating mines and advanced materials facilities.