NioCorp Developments expects to receive the funding from an entity managed by The Lind Partners, a New York-based asset management firm, on or around July 9.
Niocorp Developments Mining News
The Trump administration is strategizing to reduce import reliance for metals "critical to the economic and national security of the United States."
Niocorp's $1 billion Nebraska scandium-niobium-titanium project would reduce US dependence on Russia and China for superalloys used in defence industry.
NioCorp’s product suite at its Elk Creek superalloy metals mine proposed as “critical minerals” under Trump initiative
NioCorp believes that the proposed listing significantly elevates the strategic importance of the Elk Creek Project.
Niocorp's Elk Creek project in southeast Nebraska aims to produce niobium, scandium and titanium.
187% increase in indicated resource tonnage; 226% increase in indicated Nb2O5