NioCorp Developments has completed the acquisition of additional land in Johnson County, Neb., associated with its Elk Creek critical minerals project. The company now owns a full square mile of land in Nebraska where it plans to site both its underground mine and its integrated surface processing facility.
“We now have all surface and mineral rights necessary to begin construction and start operations. Having ownership across an entire square mile section positions us to begin pre-construction and other activities as funds become available and ensures we remain good neighbors to the people of southeast Nebraska,” said NioCorp CEO and Chairman Mark A. Smith.
The company said it also retains multiple land purchase options on surrounding parcels to support potential future operations, additional mineral exploration activities, and expansion.
All of the major minerals in NioCorp’s resource at the proposed Elk Creek project – including niobium, scandium, titanium, and rare earths – are government-designated critical minerals. As a result, NioCorp believes that Elk Creek is one of the most strategic pure-play critical minerals projects in the United States.
Source: NioCorp Developments