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NioCorp Secures Funding for Strategic Elk Creek Mine

9/26/2025

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Summary

Story summary

NioCorp Developments Ltd. advances Elk Creek Project in Southeast Nebraska as a permitted mine for niobium, scandium, titanium, and rare earths.
United States Department of Defense awarded funding, signaling national-security and supply-chain importance.
NioCorp seeks $800 million from the U.S. Export-Import Bank to fund construction, with binding offtake for 75% of niobium output and the largest scandium contract signed.

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Story summary

NioCorp Developments Ltd. advances Elk Creek Project in Southeast Nebraska as a permitted mine for niobium, scandium, titanium, and rare earths.
United States Department of Defense awarded funding, signaling national-security and supply-chain importance.
NioCorp seeks $800 million from the U.S. Export-Import Bank to fund construction, with binding offtake for 75% of niobium output and the largest scandium contract signed.