Financial PositionNioCorp ended the quarter with $162.8M in cash and no debt, indicating a strong financial position to support future projects.
Government SupportNioCorp's scandium production initiatives are advancing quickly following the announcement of the $10 million Pentagon-funded joint development program with Lockheed Martin’s Skunk Works.
Project DevelopmentNioCorp continues to make notable progress with its Elk Creek project, not only ensuring all land is procured and permits filed but also closing in on initial scandium metal production.