Critical minerals developer NioCorp Developments has entered into a non-binding agreement with Traxys North America, outlining a long-term marketing and offtake arrangement for NioCorp’s remaining planned critical minerals products from its Elk Creek project in Nebraska. Subject to a definitive contract, NioCorp would be positioned to sell out of its planned critical minerals products for the first 10 years of…
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NioCorp completes land acquisition for Elk Creek project
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…
Read MoreElk Creek exploratory drilling completed
NioCorp Developments announced that a Pentagon-funded exploratory drilling program at its Elk Creek critical minerals project in southeast Nebraska has been completed. The drilling program was designed to support converting a portion of the company’s current Indicated Resources into Measured Resources and the subsequent conversion of a portion of its current Probable Mineral Reserves into Proven Mineral Reserves. The effort…
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