The U.S. and more than a dozen nations are considering plans to launch major infrastructure initiatives, which point to a potential long-term boom in demand for critical minerals such as niobium and scandium, according to NioCorp Developments.
NioCorp announces that it has increased its existing non-revolving credit facility with Executive Chairman Mark Smith to US $3.5 Million
NioCorp is pleased to announce that a final Construction Air Permit has been issued by the State of Nebraska for the Elk Creek Superalloy Materials Project. In conjunction with the Special Use Permit issued in December 2019 by Johnson County, Nebraska, means that NioCorp is now positioned to launch construction activities at the Project site as soon as possible after Project financing is obtained.
NioCorp has secured an agreement with a southeastern Nebraska landowner to extend the Company’s purchase option on 266 acres of land where it plans to conduct underground mining and mineral processing operations as part of its proposed Elk Creek Superalloy Materials Project.
NioCorp Developments’ Elk Creek Superalloy Materials Project will be highlighted at the 13th Annual Global Infrastructure Forum, currently scheduled to occur later this summer.
Large integrated U.S.-based steel producer signs non-binding Letter of Intent with NioCorp for up to 25% of NioCorp’s production of ferroniobium over the first 10 years.