NioCorp shares jump 13.18% intraday after RedChip highlights high-growth critical minerals opportunities at investor conference.

NioCorp Developments Ltd. (NB) surged 13.18% intraday following the announcement that RedChip would showcase the company’s high-growth opportunities in critical minerals at a virtual investor conference on December 10. The news, released 1 day prior, underscored NioCorp’s strategic positioning in onshoring rare earth and battery materials, aligning with heightened demand for critical minerals in defense and clean energy sectors. Recent positive developments, including the completion of land acquisitions for its Elk Creek project and participation in key industry events, further reinforced investor optimism. The timing of the RedChip event likely amplified short-term trading interest, as the company highlighted its progress in advancing U.S.-based mineral supply chains amid geopolitical and industrial tailwinds.