NioCorp (Nasdaq:NB) is pleased to announce that it has engaged JPMorgan Chase Bank, N.A. to assist NioCorp in seeking debt financing supported by the Export-Import Bank of the U.S. to advance NioCorp’s proposed Elk Creek Critical Minerals Project.
Mark Smith says China’s critical minerals leverage over the U.S. is at dangerous levels and gives China the ability to quickly hobble U.S. manufacturing for many military and clean energy technologies.
NioCorp receives a Letter of Interest from the EXIM Bank for potential debt financing of up to $800 million to fund the project costs of NioCorp’s proposed Elk Creek Critical Minerals Project.