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NioCorp Developments (NB) Stock News, Feb 22, 2021

NB OTC

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.

Rhea-AI Summary

NioCorp Developments Ltd. (TSX:NB, OTCQX:NIOBF) has exercised an option-to-purchase agreement for a significant land parcel integral to its Elk Creek Superalloy Materials Project in southeast Nebraska. The acquisition will grant NioCorp ownership of the surface land and mineral rights to over 90% of the Project's mineral resources and reserves. This step is crucial as it facilitates the next phase of project financing and operational setup once sufficient funds are secured.

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FAQ

What is the current stock price of NioCorp Developments (NB)?

NioCorp Developments (NB) last closed at $3.34.

What is the market cap of NioCorp Developments (NB)?

The market cap of NioCorp Developments (NB) is approximately $487.1M.