ELK CREEK PROJECT
The Elk Creek Project’s Benefits to Nebraska
NioCorp’s proposed Elk Creek Superalloy Materials Project will establish Nebraska as a world leader in the production of two critical and strategic superalloy metals: Niobium and Scandium. It also will deliver very powerful macroeconomic benefits to Nebraska, such as those summarized below.
$39M
Average annual employee payroll once facility is in full operation.
$835M
Cumulative Employee Payroll over 20 years of initial operations.
$148M
Cumulative royalties paid to local landowners over the initial 20 years of operation.
$1.08B
Total capital expenditures for facility construction.
$3.4B
Cumulative operating expenditures for the facility over the initial 20 years of operation.
$28M
Estimated average annual tax revenue to Nebraska governments.
$493M
Estimated cumulative tax revenue to Nebraska over the initial 20 years of operation.
Macroeconomic Benefits to Nebraska: An Analysis
Click on the image below to download a more detailed analysis of the many macro-economic benefits to Nebraska that are expected to be delivered by the Elk Creek Superalloy Materials Project.
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