NioCorp to host a Technology Briefing Webcast at 11 a.m. Mountain on Wednesday, June 5, 2024, on the Railveyor technology and its potential to significantly cut CAPEX and OPEX costs, help NioCorp reach full commercial production sooner, and operate with a lower carbon footprint by electrifying its proposed Elk Creek Critical Minerals Mine.
NioCorp (Nasdaq:NB) is pleased to announce that it has engaged JPMorgan Chase Bank, N.A. to assist NioCorp in seeking debt financing supported by the Export-Import Bank of the U.S. to advance NioCorp’s proposed Elk Creek Critical Minerals Project.
A scoping study completed by Optimize Group Inc. suggests that NioCorp Developments Ltd. could significantly cut CAPEX and OPEX costs, reach full commercial production sooner, and operate with a lower carbon footprint by electrifying its proposed Elk Creek Critical Minerals Mine via a Railveyor™ system
NioCorp plans to investigate the feasibility of rare earth permanent magnet recycling.
Mark Smith says China’s critical minerals leverage over the U.S. is at dangerous levels and gives China the ability to quickly hobble U.S. manufacturing for many military and clean energy technologies.