Inflation Reduction Act of 2022 Provides a 10% Advanced Manufacturing Tax Credit Applicable to Most of NioCorp's Planned Products New Electric Vehicle Federal Tax Credit Tied to Increasing use of Critical Minerals That are Produced in the U.S. or Allied Nations The "Inflation Reduction Act of 2022," signed into law by President Biden this week, includes multiple financial and tax incentives designed to encourage greater [...]
NioCorp Developments Ltd. is pleased to announce that it has closed its previously announced non-brokered private placement of units of the Company. A total up-sized offering of 4,981,035 Units were issued at a price per Unit of C$0.96, for total gross proceeds to the Company of approximately C$4.8 million. Pricing of the Units was set at a premium to the five-day Volume Weighted Average Price of NioCorp common shares [...]
Previously announced updated feasibility study confirms that the Elk Creek Project has the second largest indicated-or-better rare earth resource in the U.S., second only to MP Materials' Mountain Pass deposit NioCorp Developments Ltd. is pleased to announce that it has filed a Technical Report prepared in accordance with National Instrument 43-101 regarding its previously announced 2022 Feasibility Study completed for [...]
NioCorp Developments Ltd. announces that it intends to offer, on a non-brokered private placement basis, up to 4,519,481 units of the Company at a price of C$0.96 per Unit for gross proceeds to the Company of up to approximately C$4.35 million . There is no minimum offering amount. The pricing of the Units was set at a C$0.01 premium to the 5-day Volume Weighted Average Price of NioCorp common shares of C$0.95 based upon [...]
NioCorp Developments Ltd. is pleased to announce that Jim Sims has been promoted to Chief Communications Officer, a new position. Mr. Sims has served as Vice President of External Affairs since joining the Company in November 2015. In this new position, he will continue to manage investor relations, government relations, and public relations, and will provide support to capital markets initiatives. "The Board and I are [...]
Metallurgical tests now being conducted show promise in streamlining the expected production of niobium, scandium, titanium, and rare earths and in reducing expected greenhouse gas emissions by the Elk Creek Project's planned facility in Nebraska Metallurgical testing being conducted now by NioCorp Developments Ltd. in Quebec, Canada, is intended to quantify the Company's ability to extract rare earth elements from Elk [...]
Former Managing Director and CEO of Talison Lithium Brings Decades of Experience in Resource Development, Critical Minerals Processing, Mergers & Acquisitions, and Project Financing NioCorp Developments Ltd. is pleased to announce that Peter Oliver, the former Managing Director of Talison Lithium and a 30+ year veteran of the mining and critical minerals processing industries, will join NioCorp's Board of Directors. "On [...]
Updated feasibility study confirms the Elk Creek Project's rare earth indicated resource is second only to MP Materials' Mountain Pass deposit in the U.S. New Mineral Reserve and Economic Model does not yet include rare earth production but updated feasibility study shows longer expected mine life, higher expected ore grades and tonnages, and improved expected project economics from niobium, scandium, and titanium The [...]
Development Further De-Risks the Project from a Regulatory Perspective NioCorp Developments Ltd. is pleased to announce that the Nebraska Department of Environment and Energy has advised the Company that extensions of the Elk Creek Project's construction air permit are no longer required because the Company has met the regulatory definition of "construction, reconstruction, or modification of the source" since the permit [...]
If proven at the demonstration plant scale, this advance may result in major improvements in the Elk Creek Project, including elimination of entire steps in the Project's current processing flowsheet Process improvements also point to a potentially efficient extraction process for recovery and purification of rare earth elements, in addition to the Project's planned production of niobium, scandium, and titanium [...]
NioCorp Developments Ltd. is pleased to announce that it has now completed deployment of a management system aligned with the latest version of the Equator Principles Environmental, Social, and Governance principles. This achievement is a key step in NioCorp's efforts to formalize its ESG management practices and is also a requirement of prospective lenders for its Elk Creek Superalloy Materials Project in Nebraska. The [...]
NioCorp Developments Ltd. is pleased to announce that it has been named to the 2022 OTCQX® Best 50, a ranking of top performing companies traded on the OTCQX Best Market last year. The OTCQX Best 50 is an annual ranking of the top 50 U.S. and international companies traded on the OTCQX market. The ranking is calculated based on an equal weighting of one-year total return and average daily dollar volume growth in the [...]
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