National Defense Authorization bill specifically highlights potential scandium oxide production in Nebraska New focus on scandium in Washington coincides with NioCorp's recent launch of phased commercialization of aluminum-scandium master alloy NioCorp envisions potentially developing a vertically integrated mine-to-master alloy scandium supply chain in the U.S. NioCorp Developments Ltd. is praising the U.S. House Armed [...]
Term Sheet Also Envisions a Possible Strategic Investment by Stellantis in NioCorp's Elk Creek Critical Minerals Project Stellantis N.V. and NioCorp Developments Ltd. today announced the signing of a Rare Earth Offtake Term Sheet . The objective is to enter into a definitive rare earth supply agreement to support Stellantis' commitment to build resilient supply chains and reach carbon net zero by 2038 and to help [...]
NioCorp Developments Ltd. ; today issued and sold 100,000 shares of the Company's common shares, without par value , upon settlement of the previously announced Advance Notice that it delivered on June 6, 2023 pursuant to the Standby Equity Purchase Agreement, dated January 26, 2023 . The Advance Shares were issued and sold at a purchase price per share of $4.8808, which reflects 97% of the average volume-weighted average [...]
NioCorp Developments Ltd. announces today that it has submitted an application to the Export-Import Bank of the United States for debt financing to fund the project costs for the Company's proposed Elk Creek Critical Minerals Project , located in southeast Nebraska, under EXIM's "Make More in America" initiative. The Company submitted its Phase I application following receipt of a Letter of Interest from EXIM in February [...]
NioCorp Developments Ltd. today announced that it has delivered a written notice pursuant to the previously announced Standby Equity Purchase Agreement, dated January 26, 2023 , requesting the purchase of 100,000 shares of the Company's common shares, without par value . The Company has elected an Option 2 Pricing Period . Subject to the satisfaction of certain conditions contained in the Standby Equity Purchase [...]
NioCorp Developments Ltd. today applauded Nebraska Governor Jim Pillen and a bipartisan group of Nebraska Senators for enacting a historic package of tax reform measures that are expected to stimulate greater investment in Nebraska by cutting the top individual and corporate state income tax rates by nearly one-third over the next several years. The measures, signed into law this week by Governor Pillen, will gradually [...]
Drilling and Analysis of Glacial Till Soil Layer Done in Advance of Proposed Land Grading, Early Works, Heavy Construction, and Eventual Foundation Pours for the Elk Creek Project NioCorp Developments Ltd. today announced the successful completion of a geotechnical drilling campaign at the Elk Creek Critical Minerals Project in southeast Nebraska, which was done in advance of the proposed site preparation, grading, heavy [...]
NioCorp Developments Ltd. announced today that it filed its quarterly financial statements for the three and nine months ended March 31, 2023, the related management's discussion and analysis, and the CEO and CFO certifications relating to the quarterly financial statements on The System for Electronic Document Analysis and Retrieval on May 30, 2023. NioCorp also submitted its Quarterly Report on Form 10-Q for the [...]
NioCorp Partnering with Nanoscale Powders LLC to Explore the Possibility of Establishing the First US-Based Mine-to-Master-Alloy Vertically Integrated Production of the High-Performance Material NioCorp's Potential Commercial Production of Al-Sc Master Alloy Could Launch Prior to the Company's Planned Production of >100 Tonnes/Year of Scandium Oxide at its Proposed Elk Creek Critical Minerals Project in Nebraska and Would [...]
Demonstration Plant Shows New Recovery Process May Double NioCorp's Titanium Production per Tonne of Ore as well as Produce a Higher Purity Product that May Command Higher Market Prices NioCorp Developments Ltd. is pleased to announce that it has successfully demonstrated an ability to potentially double the recovery of titanium from each tonne of ore the Company expects to mine at its Nebraska-based Elk Creek Critical [...]
New Processing Approach Demonstrates the Ability to Make More Niobium per Tonne of Ore, Produce a Higher Purity Product, and Potentially Address New Markets with Different Niobium Products NioCorp Developments Ltd. is pleased to announce that it has successfully demonstrated the ability to recover greater amounts of the critical mineral niobium from each tonne of ore the Company expects to mine at its Elk Creek Critical [...]
NioCorp Developments Ltd. is pleased to announce that it is set to join the broad-market Russell 3000 Index at the conclusion of the 2023 Russell indexes annual reconstitution, effective after the US market opens on June 26, 2023, according to a preliminary list of additions posted May 19, 2023. Annual Russell indexes reconstitution captures the 4,000 largest US stocks as of April 28, ranking them by total market [...]