The Elk Creek Critical Minerals Project
NioCorp’s Elk Creek Critical Minerals Project represents the highest-grade Niobium project under development in North America, the largest prospective Scandium project in North America with a declared mineral reserve, and the second-largest indicated rare earth Mineral Resource in the U.S. The Project has obtained all state, federal and local government permits to proceed to construction, and is fully aligned with ESG Equator Principles. Learn more in this amazing project in this short video.
About NioCorp
Elk Creek Project
The Elk Creek Critical Minerals Project is one of the few pure-play critical minerals projects in the U.S. with a definitive feasibility study completed and key U.S. federal permits already obtained. It is the highest grade niobium project in North America as well as one of the world's largest prospective scandium producers.
The Leadership Team
NioCorp is led by a Board of Directors comprised of distinguished and highly experienced leaders, including several with decades of experience in the mining and advanced materials spaces. Our management team is also highly experienced in designing, constructing, and operating critical minerals projects.
A Unique Investment
A publicly traded company currently listed on the Nasdaq Stock Market (Nasdaq:NB) and the Toronto Stock Exchange (TSX:NB), NioCorp represents a unique investment opportunity. Go here to learn more about our Company and the Elk Creek Critical Minerals Project.
Information for Investors
A publicly traded mineral exploration company, NioCorp Developments Ltd. is currently developing the Elk Creek Critical Minerals Project, a large underground deposit in southeast Nebraska rich in Niobium, Scandium and Titanium that has a positive NI-43-101 Feasibility Study completed. Investors all around the world follow NioCorp’s progression toward project financing and the launch of construction of this unique critical minerals project. See information about investing in NioCorp here.
2022 Elk Creek Feasibility Study
According to NioCorp’s June 2022 Elk Creek Feasibility Study, the Project has a Pre-Tax Net Present Value of $2.8 billion, a pre-tax Internal Rate of Return 29.2%, and a relatively long mine life of 38 years. The Study also confirms that the Project’s rare earth indicated resource is second only to MP Materials’ Mountain Pass deposit in the U.S.
Our Critical Minerals
NioCorp plans to produce three minerals at its Elk Creek, Nebraska Project that are all considered “critical” by the U.S. Government. This makes the Elk Creek Project one of the few pure-play, greenfield critical minerals mines in the U.S. that have a NI-43-101 Feasibility Study completed and are ready for funding and construction.
The Elk Creek Critical Minerals Mine
By The Numbers
$2.82B
Pre-Tax NPV
29.2%
Pre-Tax IRR
$2.35B
After-Tax NVP
27.6%
After-Tax IRR
$397.5M
Averaged EDITDA Over Mine Life
69%
Average EBITDA Margin over Mine Life
$21.9B
Gross Revenue Over Mine Life
38 Years
Mine Life
2.69 Years
Payback Period from Production Start
See this note regarding the use of certain forward-looking non-GAAP financial measures on this website.
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