NioCorp Developments Ltd. reports developments tied to the Elk Creek Critical Minerals Project in southeast Nebraska, a planned source of niobium, scandium, titanium, and magnetic rare earth elements. News about NB commonly covers project financing, pre-construction work, state tax incentive programs, government and industrial supply-chain support, and the company’s role in U.S. critical-minerals sourcing for defense, energy, and industrial applications.
Company updates also include conference participation, capital-market activity, and broader critical-minerals commentary that places NioCorp alongside other North American developers affected by rare earth and strategic-mineral supply constraints.
NioCorp (NASDAQ:NB) said Nebraska enacted legislation to give the company greater flexibility to qualify for approximately $200 million in state tax incentives over the first 10 years of operations. The law supports the Elk Creek Project, which targets ~450 permanent jobs and forecasts $6.59 billion in operating expenses over project life while generating significant state and local tax revenue.
The bill, enacted April 10 and signed April 16, 2026, extends the period to meet Tier 6 Nebraska Advantage Act employment and investment requirements, making the company’s path to incentives more flexible.
NioCorp (NASDAQ:NB) announced that Executive Chairman and CEO Mark A. Smith will join Maxim Group's virtual "Mining The Industrial Supply Chain" conference on April 21, 2026. He will appear in a fireside chat at 10:00 AM ET and a panel on vertical integration at 1:00 PM ET.
The sessions will cover the Elk Creek Critical Minerals Project and U.S. domestic supply-chain efforts for niobium, scandium, titanium and magnetic rare earths, and discuss capital availability, price-floor signals and vertical-integration opportunities.
NioCorp (NASDAQ:NB) entered a non-binding term sheet with Traxys North America for long-term marketing and offtake of Elk Creek Project products, potentially covering all planned production for the first 10 years upon definitive agreements and project financing.
The Term Sheet also contemplates a potential strategic equity investment by Traxys of up to $30 million and expands Traxys’ role in Project Vault-aligned U.S. critical minerals supply efforts.
NioCorp (NASDAQ:NB) reported the voting results from its 2025 Annual General Meeting held April 6, 2026 in Denver, CO. Six nominees — Tony Fulton, Nilsa Guerrero-Mahon, Dean Kehler, Michael Maselli, Peter Oliver and Mark A. Smith — were elected as directors.
Shareholders approved setting the board size at six, appointed Deloitte & Touche LLP as auditors, passed a non-binding advisory vote on executive compensation, and approved amendments to the Long Term Incentive Plan and extension of the Shareholder Rights Plan through the 2027 AGM.
NioCorp (NASDAQ:NB) will host a live webinar on March 9, 2026 at 12:00 PM ET to update investors on the launch of construction of the mine portal at the Elk Creek critical minerals project in southeast Nebraska.
Presenters include CEO Mark A. Smith, COO Scott Honan, and Jake Whitefoot from Gana Trucking and Excavating. The presentation will cover development sequencing, expected construction timelines, images and video of current activity, and a live Q&A. Progress is described as advancing the project toward full-scale development, subject to securing full project financing.
NioCorp (NASDAQ:NB) began official excavation of the Elk Creek Project mine portal in southeast Nebraska on March 4, 2026, with Congressman Adrian Smith and local officials participating.
The portal starts primary access for the planned underground mine; the company projects the project will create over 400 jobs and generate more than $600 million in state and local tax revenue. The orebody targets multiple critical minerals, including niobium, scandium, titanium and several magnetic rare earths.
NioCorp (NASDAQ:NB) has begun construction of the Elk Creek mine portal in southeast Nebraska, launching an approximately $44.6 million effort to create the main underground access. The company filed a Notice of Commencement with MSHA and cites roughly $500 million raised in 2025–2026 to date, which it says strengthens its position with EXIM as it pursues remaining project financing and a final investment decision (FID).
Management expects the portal work to take about nine months and says a formal groundbreaking will follow completion of overall project financing.
NioCorp (NASDAQ:NB) closed a U.S. public offering of 20,000,000 common shares (or pre-funded warrants) at $5.00 per share for gross proceeds of approximately $100.0 million on February 25, 2026. Maxim Group acted as sole placement agent.
The company intends to use net proceeds for working capital and to advance the Elk Creek Project toward commercial operation. The offering was made under an effective Form S-3ASR shelf registration (effective October 10, 2025); a final prospectus supplement has been filed with the SEC. No securities were offered or sold to Canadian purchasers.
NioCorp (NASDAQ:NB) priced a U.S. public offering of up to 20,000,000 common shares (or pre-funded warrants) at $5.00 per share for gross proceeds of approximately $100.0 million. The company intends to use net proceeds for working capital and to advance the Elk Creek Project toward commercial operation. The offering, led by Maxim Group LLC as sole placement agent, is expected to close on or about February 25, 2026, subject to customary closing conditions. A final prospectus supplement will disclose the offering's final terms.
NioCorp (NASDAQ:NB) applauded the White House and EXIM for launching Project Vault, a proposed $12 billion U.S. Strategic Critical Minerals Reserve anchored by $11 billion from EXIM and about $1.67 billion in industry seed capital. The initiative aims to procure, store, and sell critical minerals to U.S. manufacturers.
The release cites the Commerce Department's Section 232 findings and a January 14 Presidential Proclamation authorizing trade measures to reduce reliance on foreign-processed critical minerals. NioCorp said it stands ready to advance the Elk Creek Project to supply American-made materials.