NioCorp Announces Choice of Cementation USA as Elk Creek Mine EPC
NioCorp is pleased to announce that Cementation USA, part of the Cementation Americas Group, has been selected as the lead Engineering, Procurement, and Construction contractor for the underground aspects of the proposed Elk Creek Superalloy Material Project.
New Mine Design Expected to Deliver Higher NPV, Stronger Investment Returns, Accelerated Cash Flows, Longer Mine Life, Lower Risk, and a Further Reduction of Environmental Impacts to NioCorp’s Elk Creek Project
NioCorp’s newly released updated Feasibility Study for its Elk Creek Superalloy Materials Project is expected to deliver higher NPV, stronger investment returns, accelerated cash flows, a longer mine life, increased production, and a further reduction in execution risk and environmental impacts as compared to the previous project Feasibility Study.
Nordmin Proposes Innovative Design That Minimizes Environmental Impacts of NioCorp’s Elk Creek Critical Minerals Mine
NioCorp is pleased to announce receipt of a new proposed design for the underground portion of its Elk Creek Critical Minerals Project by the Nordmin Group of Companies (“Nordmin”). The new mine design confirms the technical feasibility of several innovative approaches to mining Elk Creek’s critical minerals which, if accepted by NioCorp, could further streamline the process of moving the Project to initial construction.
NioCorp Provides an Update on Detailed Engineering Design That May Shorten the Time to Market for its U.S.-Made Critical Minerals
Ongoing design engineering of NioCorp’s Elk Creek Project shows that industry-standard ground freezing technology may be appropriate for use during shaft sinking operations, NioCorp announced.