Welcome to our dedicated page for Niocorp Developm news (Ticker: NB), a resource for investors and traders seeking the latest updates and insights on Niocorp Developm stock.
NioCorp Developments Ltd. (NASDAQ: NB) generates a steady flow of company news centered on the advancement of its Elk Creek Critical Minerals Project in southeast Nebraska. This news page aggregates updates on how the development‑stage company is working to move the project from feasibility and pre‑construction activities toward potential construction and commercial operation, subject to financing and regulatory milestones.
Recent NioCorp news has highlighted progress across project financing efforts, including equity raises through registered offerings of common shares and pre‑funded warrants, as well as ongoing engagement with the Export‑Import Bank of the United States on a potential debt financing package. The company also reports on federal support, such as a Project Sub‑Agreement with Advanced Technology International under the authority of the U.S. Department of Defense, which may reimburse up to approximately $10 million of specified Elk Creek Project costs upon achieving defined milestones.
Investors following NB news will find detailed coverage of technical and pre‑construction work at Elk Creek, including in‑fill drilling campaigns, feasibility study‑level engineering, updated mineral resource and reserve work, and Board approval of a Mine Portal Project to establish the main underground mine access. NioCorp’s releases also describe land acquisitions in Johnson County, Nebraska, that secure a full square mile of land for the planned underground mine and integrated surface processing facility.
Another recurring theme in NioCorp’s news is its role in the U.S. critical minerals and supply chain discussion. Company updates often reference the strategic importance of niobium, scandium, titanium, and magnetic rare earth elements, participation in conferences focused on national security and critical materials, and town hall events in Nebraska attended by local residents and government officials. Bookmark this page to review NioCorp’s latest press releases, project milestones, financing developments, and regulatory disclosures in one place.
NioCorp Developments (NASDAQ:NB) CEO Mark Smith is scheduled to appear on Fox Business Network's "Mornings with Maria" show on August 6, 2025, at 8:45 AM ET. The appearance follows a significant announcement where NioCorp's subsidiary, Elk Creek Resources Corp., received a $10 million award from the U.S. Department of Defense under Title III of the Defense Production Act.
The funding aims to support the establishment of a domestic scandium mine-to-manufacturer supply chain through the Elk Creek Critical Minerals Project in southeast Nebraska. This development represents a strategic move to strengthen domestic critical minerals production capabilities.
NioCorp Developments Ltd. (NASDAQ:NB) announced that its subsidiary Elk Creek Resources Corp. has been awarded up to $10 million from the U.S. Department of Defense under the Defense Production Act Title III. The funding aims to establish America's first domestic scandium mine-to-master-alloy supply chain through the Elk Creek Critical Minerals Project in Nebraska.
The award is expected to support feasibility study engineering, reserve drilling, and updated cost estimates. This federal support is designed to facilitate NioCorp's pursuit of up to $800 million in debt financing from the U.S. Export-Import Bank, demonstrating a "whole of government" approach to critical minerals development.
The project aims to reduce U.S. dependence on China for critical minerals, as the Elk Creek Project will produce scandium, niobium, titanium, and other strategic materials essential for defense and civilian technologies.
NioCorp Developments (NASDAQ:NB) has expressed support for the Trump Administration's reported plan to establish price supports for U.S.-produced rare earth oxides and other critical minerals under the Defense Production Act. CEO Mark A. Smith praised the initiative as a strategic move to counter foreign market manipulation and promote domestic critical minerals production.
The company's Elk Creek Critical Minerals Project, which is fully permitted and awaiting financing to begin construction, plans to produce six critical minerals: Niobium, Scandium, Titanium, and three magnetic rare earth oxides - Neodymium-Praseodymium, Dysprosium, and Terbium.
NioCorp Developments (NASDAQ:NB) has successfully completed the acquisition of three strategic land parcels for its Elk Creek Critical Minerals Project. This purchase, combined with the land acquired in 2021, secures crucial areas for planned production operations, infrastructure, and local road system improvements.
The 2021 land acquisition included mineral rights to the majority of the project's Mineral Resource and Mineral Reserve, along with planned mine infrastructure locations. CEO Mark A. Smith emphasized that increasing land ownership versus leasing positions the company to advance the project more efficiently toward construction and commercial operations.
NioCorp Developments (NASDAQ:NB) has expressed strong support for a new bipartisan bill, H.R. 4774 "The Critical Minerals Investment Tax Modernization Act," introduced by Rep. Adrian Smith (R-NE). The legislation aims to boost domestic rare earth elements and scandium production by increasing the depletion allowance from 14% to 22%.
The bill, co-sponsored by Democrat Rep. Jimmy Panetta and Republican Chief Deputy Whip Rep. Guy Reschenthaler, would provide significant tax incentives for U.S. mining operations. The legislation is particularly relevant to NioCorp's proposed Elk Creek Critical Minerals Project in Nebraska, and aligns with broader efforts to reduce dependency on China's control over critical minerals.
NioCorp Developments (NASDAQ:NB) announced the passing of Board Member Michael Morris on July 20, 2025. Morris, who joined the board in July 2014, served as Lead Director and was a member of several key committees including Audit, Nomination and Corporate Governance, and Compensation and Organization.
Following Morris' passing, the company has appointed Board Member Dean Kehler to serve on the Audit Committee, effective immediately. CEO Mark A. Smith acknowledged Morris' contributions, highlighting his strategic planning abilities and thoughtful decision-making that were instrumental to NioCorp's success.
NioCorp Developments (NASDAQ:NB) announced plans to accelerate pre-construction activities at its Elk Creek Critical Minerals Project following successful fundraising of $60.7 million from institutional investors over the past three months. The company completed two public equity offerings: $18.9 million in April 2025 and $41.8 million in July 2024.
The funding will enable NioCorp to launch multiple pre-construction initiatives, including land acquisition, geomechanical and hydrogeological field work, detailed engineering, site preparation, infrastructure development, and operational permitting. CEO Mark A. Smith emphasized the project's importance in supporting the administration's critical minerals initiatives and national defense imperatives.
NioCorp Developments (NASDAQ:NB) has successfully closed its previously announced public offering, raising $45.0 million in gross proceeds. The offering consisted of 13,850,000 common shares priced at $3.25 per share.
The company plans to use the net proceeds for working capital and general corporate purposes, with a focus on advancing the construction and commercial operation of its Elk Creek Project. Maxim Group LLC served as the sole placement agent for the offering, which was conducted under an effective shelf registration statement on Form S-3.
NioCorp Developments (NASDAQ:NB) has announced the pricing of its public offering in the United States, consisting of 13,850,000 common shares at $3.25 per share. The offering is expected to generate gross proceeds of approximately $45.0 million before deducting placement agent fees and expenses.
The company plans to use the net proceeds for working capital and general corporate purposes, including advancing the construction of the Elk Creek Project. Maxim Group LLC is serving as the sole placement agent, with the offering expected to close around July 18, 2025. The offering is being made through an effective shelf registration statement on Form S-3, with no securities being offered to Canadian purchasers.
NioCorp Developments (NASDAQ:NB) has announced the commencement of a proposed public offering of common shares and pre-funded warrants in the United States. The offering will be conducted through Maxim Group LLC as the sole placement agent on a best efforts basis.
The proceeds will be used for working capital and general corporate purposes, including advancing the construction of the Elk Creek Project. The offering is being made under an effective shelf registration statement on Form S-3, with no securities being offered to Canadian purchasers.