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NioCorp's Elk Creek Project: A Vital Source of Critical Minerals for the US
ByAinvest
Tuesday, Sep 2, 2025 8:19 am ET1min read
NioCorp Developments Ltd. is a company that explores and develops mineral deposits in North America. Their Elk Creek Project, located in Nebraska, is a pure-play critical minerals project with the highest-grade Niobium resource in North America. The project is shovel-ready and located near Elk Creek, Nebraska. The company is also evaluating the potential to produce several rare earths from the project.
NioCorp Developments Ltd. (NASDAQ: NB) has announced that Chairman and CEO Mark A. Smith will appear on Bloomberg TV's Small Stocks, Big Money™ show on Saturday, August 30, at 7 p.m. ET. The interview will be broadcast to an estimated 73 million homes across the U.S. [1]The focus of the interview will be on NioCorp's Elk Creek Critical Minerals Project in Nebraska, a $1.14 billion underground mine expected to produce niobium, scandium, titanium, and potentially rare earth oxides. The project is shovel-ready and located near Elk Creek, Nebraska, and is the highest-grade Niobium resource in North America [2].
The interview will also discuss the recent $10 million award from the U.S. Department of Defense to NioCorp's operating subsidiary, Elk Creek Resources Corp. This award is aimed at establishing a domestic scandium mine-to-manufacture supply chain via the Elk Creek Project. Mr. Smith highlighted the significance of this project, stating that it could make the U.S. the "Saudi Arabia of scandium" and the "scandium superpower of the world" [1].
NioCorp is also evaluating the potential to produce several rare earths from the Elk Creek Project. The company aims to eventually build a full supply chain in the U.S. that extends from scandium mining to making parts that contain scandium. This could significantly reduce the U.S.'s reliance on foreign imports for critical minerals [1].
The interview will provide an opportunity for investors and financial professionals to gain insights into NioCorp's strategic plans and the potential of the Elk Creek Project. The pre-recorded interview can be seen here: [1]
References:
[1] https://www.marketscreener.com/news/niocorp-developments-mark-smith-to-appear-on-bloomberg-tv-on-saturday-august-30-at-7-pm-et-ce7c50dddc88fe2d
[2] https://www.marketscreener.com/news/niocorp-developments-mark-smith-to-appear-on-bloomberg-tv-on-saturday-august-30-at-7-pm-et-ce7c50dddc88fe2d
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