NioCorp is praising the U.S. House Armed Services Committee for highlighting the importance of aluminum-scandium master alloy to the United States and to many defense applications. NioCorp recently launched a phased commercialization effort for this master alloy.
Stellantis N.V. and NioCorp (Nasdaq:NB) (TSX:NB) today announced the signing of a Rare Earth Offtake Term Sheet. The objective is to enter into a definitive rare earth supply agreement to support Stellantis’ commitment to build resilient supply chains and reach carbon net zero by 2038 and to help accelerate NioCorp’s path to commercial production of magnetic rare earth oxides in the U.S.
NioCorp Developments today issued and sold 100,000 shares of the Company’s common shares, without par value, upon settlement of the previously announced Advance Notice that it delivered on June 6, 2023 pursuant to the Standby Equity Purchase Agreement, dated January 26, 2023.
NioCorp has submitted an application to the Export-Import Bank of the United States for debt financing to fund the project costs for the Company’s proposed Elk Creek Critical Minerals Project, located in southeast Nebraska, under EXIM’s “Make More in America“ initiative.
NioCorp applauded Nebraska Governor Jim Pillen (R) and a bipartisan group of Nebraska Senators for enacting a historic package of tax reform measures that are expected to stimulate greater investment in Nebraska by cutting the top individual and corporate state income tax rates by nearly one-third over the next several years.
NioCorp (NASDAQ:NB) (TSX:NB) today announced the successful completion of a geotechnical drilling campaign at the Elk Creek Critical Minerals Project in southeast Nebraska, which was done in advance of the proposed site preparation, grading, heavy construction, and eventual foundation pours for the Elk Creek Project that are expected to commence once sufficient financing is obtained.