NioCorp Developments Ltd. reported significant progress in 2025 on its Elk Creek Critical Minerals Project, moving closer to formal construction. The company raised over $370 million during the year, including $360.8 million in equity and $10 million in Pentagon funding. For 2026, NioCorp’s top priority is securing full project financing to enable the formal start of construction. The Elk Creek Project aims to strengthen U.S. control over critical minerals such as niobium, scandium, and rare earth elements, which are vital for industries including aerospace and advanced manufacturing. The project has received strong expressions of support from federal officials, highlighting its importance for domestic jobs and industrial security.

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: 1127077) on January 14, 2026, and is solely responsible for the information contained therein.