Government SupportNioCorp received a preliminary, non-binding term sheet for an $800M loan from the Export-Import Bank of the United States, indicating potential for substantial financial support.
Market DemandNioCorp has agreements for 75% of its planned niobium production and up to 12 tonnes per year of scandium for the first 10 years, indicating strong demand.
Strategic DevelopmentNioCorp's Elk Creek Project in southeast Nebraska is expected to produce light and heavy rare earth elements and critical minerals, including niobium, scandium, and titanium, further supporting U.S. efforts to secure a domestic critical minerals supply chain.