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NioCorp’s Rare Earth Demonstration Plant Showing Strong Rare Earth Recovery Results, in Line with Expectations

NioCorp’s Rare Earth Demonstration Plant Showing Strong Rare Earth Recovery Results, in Line with Expectations

Results Support Feasibility of Separating Magnetic Rare Earth Oxides, Which are Vital to Electric Vehicles and Critical U.S. Defense Systems CENTENNIAL, Colo. (February 6, 2023) – NioCorp Developments Ltd. (“NioCorp” or the “Company”) (TSX:NB) (OTCQX:NIOBF) today...
New York Times:  Elk Creek Project is “a wealth of minerals essential to defense and the green economy”

New York Times: Elk Creek Project is “a wealth of minerals essential to defense and the green economy”

New York Times Pulitzer Prize-winning reporter Dionne Searcey writes about NioCorp and the company’s Elk Creek Critical Minerals Project in southeast Nebraska.

NioCorp Announces Finalized Financing Agreements with Yorkville Advisors Global, LP

NioCorp Announces Finalized Financing Agreements with Yorkville Advisors Global, LP

NioCorp Developments Ltd. (TSX: NB; OTCQX: NIOBF) today announced that it has entered into definitive agreements with respect to two previously announced financings with YA II PN, Ltd., an investment fund managed by Yorkville Advisors Global, LP.

Fox News Publishes Op-Ed from NioCorp’s Mark Smith on the Coming Rare Earth Crisis

Fox News Publishes Op-Ed from NioCorp’s Mark Smith on the Coming Rare Earth Crisis

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.

NioCorp Rare Earth Demonstration Plant Showing Positive Rare Earth Recovery Results

NioCorp Rare Earth Demonstration Plant Showing Positive Rare Earth Recovery Results

NioCorp’s demonstration-scale processing plant has obtained a rare earth dissolution rate of 86-95% from Elk Creek ore through hydrochloric acid leaching, and a rare earth loading rate of as high as 99% in the follow-on solvent extraction recovery step, as expected.

NioCorp Reports Voting Results From The Election Of Directors At Its 2022 Annual General Meeting

NioCorp Reports Voting Results From The Election Of Directors At Its 2022 Annual General Meeting

NioCorp Developments Ltd. (TSX: NB; OTCQX: NIOBF) announces the details of the voting results from the election of directors at its 2022 Annual General Meeting, held on December 15, 2022, in Denver, CO.

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ABOUT NIOCORP

NioCorp is developing a critical minerals project in Southeast Nebraska, subject to receipt sufficient project financing, that will produce niobium, scandium, and titanium. The Company also is evaluating the potential to produce several rare earths from the Elk Creek Project. Niobium is used to produce specialty alloys as well as High Strength, Low Alloy steel, which is a lighter, stronger steel used in automotive, structural, and pipeline applications. Scandium is a specialty metal that can be combined with Aluminum to make alloys with increased strength and improved corrosion resistance. Scandium is also a critical component of advanced solid oxide fuel cells. Titanium is used in various lightweight alloys and is a key component of pigments used in paper, paint and plastics and is also used for aerospace applications, armor, and medical implants. Magnetic rare earths, such as neodymium, praseodymium, terbium, and dysprosium are critical to the making of Neodymium-Iron-Boron magnets, which are used across a wide variety of defense and civilian applications.

CONTACT US

US Headquarters:

7000 S. Yosemite St. Suite 115
Centennial, CO 80112

General Inquiries:
Telephone: +1 (720) 334-7066

Investor Relations:
Jim Sims, Chief Communications Officer
+1 (720) 334-7066
[email protected]

 

Canadian Offices

NioCorp Developments Ltd.
c/o Blake, Cassels & Graydon LLP
3500 ‑ 1133 Melville Street, Vancouver, BC  V6E 4E5

CAUTIONARY STATEMENTS

This web page, and the content linked from this page, contain forward-looking statements and non-GAAP financial measures.  Readers are urged to review the Company’s cautionary statements regarding such forward-looking statements and non-GAAP financial measures here.

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