Financial SupportNioCorp received a preliminary, non-binding term sheet for an $800M loan from the Export-Import Bank of the United States, which supports its financial planning.
Government PartnershipsThe announcement regarding a public-private partnership with the U.S. Department of Defense is seen as a catalyst to develop the U.S. critical mineral mining industry, suggesting more government funding for NioCorp's critical mineral project in Nebraska.
Supply Chain DevelopmentNioCorp's project in Nebraska will create a new U.S. supply chain for multiple minerals listed on current U.S. federal government critical mineral lists, including dysprosium, neodymium, niobium, scandium, terbium, and titanium.