NioCorp Developments Ltd. Advances Elk Creek Project: A $1.14 Billion Critical Minerals Mine Set to Boost U.S. Clean Energy and Defense Sectors
Reuters
Sep 12
<a href="https://laohu8.com/S/NB">NioCorp Developments Ltd.</a> Advances Elk Creek Project: A $1.14 Billion Critical Minerals Mine Set to Boost U.S. Clean Energy and Defense Sectors
NioCorp Developments Ltd. has announced its ambitious Elk Creek Project in Nebraska, a fully permitted $1.14 billion underground mine focusing on critical minerals such as niobium, scandium, titanium, and potentially rare earth oxides. These materials are essential for clean energy, aerospace, and defense sectors. The project is set to establish America's first mine-to-market scandium supply chain, supported by a U.S. Department of Defense grant and an $800 million U.S. Export-Import Bank debt financing application. With a projected 38-year mine life and robust economic prospects, NioCorp is positioned to advance construction on one of North America's most strategic critical minerals projects, offering long-term value for shareholders as global demand for secure mineral supply chains intensifies.
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: 1072164) on September 12, 2025, and is solely responsible for the information contained therein.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.