NioCorp Advances $800 Million Financing Application With U.S. Export-Import Bank for Elk Creek Critical Minerals Project

Reuters
10/02
NioCorp Advances $800 Million Financing Application With U.S. Export-Import Bank for Elk Creek Critical Minerals Project

**NioCorp Developments Advances Financing Process for Elk Creek Project** NioCorp Developments Ltd. (NASDAQ: NB) has taken another significant step toward securing up to $800 million in debt financing for its Elk Creek critical minerals project in Southeast Nebraska. The company recently executed a professional services agreement with SLR Consulting to conduct an independent environmental and social (E&S) review, a key requirement in the ongoing due diligence process led by the Export-Import Bank of the United States (EXIM). This follows EXIM's earlier approval of NioCorp's application through its initial review stage and the issuance of a preliminary indicative term sheet in April 2024. JPMorgan Chase Bank is assisting NioCorp in arranging the EXIM-supported financing. There is no guarantee that the financing will be finalized or approved by the EXIM Board. The E&S review by SLR, which is also conducting an independent technical assessment, marks further progress in NioCorp's pursuit of funding for the Elk Creek Project.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. NioCorp Developments Ltd. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 1080971) on October 01, 2025, and is solely responsible for the information contained therein.

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