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 Ltd. (NASDAQ:NB) has announced its participation in Aviation Week Network's 2025 Defense Conference at the National Press Club in Washington, D.C. on May 13-14, 2025. The company's Chief Communications Officer, Jim Sims, will participate in a panel discussion on May 15 at 11:05AM ET focusing on China's export restrictions of critical minerals essential to aviation and aerospace industries.
The panel will address China's limitations on exports of critical minerals, particularly dysprosium and scandium. NioCorp plans to produce these minerals, along with terbium and neodymium-praseodymium, at its Elk Creek Critical Minerals Project in Nebraska. The company also aims to produce niobium, scandium, and titanium, materials currently largely imported by the U.S.
NioCorp Developments Ltd. (Nasdaq: NB) has announced that its Executive Chairman and CEO Mark Smith, along with COO Scott Honan, will participate in the 121 Mining Investment conference in London on May 12-13, 2025. The event, taking place at Convene 133 Houndsditch, is London's largest dedicated mining conference.
During the conference, the executives will conduct one-on-one meetings with various institutional investors, portfolio managers, analysts, private equity groups, and family offices. The discussions will focus on the company's plans for developing the Elk Creek Critical Minerals Project.
NioCorp Developments (NASDAQ:NB) has announced its participation in a virtual Critical Minerals Summit hosted by Maxim Group LLC on May 6th, 2025. The company will engage in two sessions: a panel discussion on U.S. critical minerals project development at 10 a.m. ET, followed by a company-specific discussion at 11:30 a.m. ET. The conference, running from 9 a.m. to 5 p.m. ET, will feature 18 other public companies focused on critical minerals development. Interested participants can attend by registering as M-Vest members.
NioCorp has initiated a major update to its Elk Creek Critical Minerals Project Feasibility Study by engaging multiple specialized engineering and consulting firms. Dahrouge Geological Consulting will lead the study as the primary author.
The project involves 13 expert firms, each handling specific aspects:
- Geology and market analysis: Dahrouge
- Surface engineering: Zachry
- Underground engineering: Dumas
- Processing: Magemi Mining and L3
- Environmental and closure: Olsson and SRK
Concurrent with this update, NioCorp is launching a drilling campaign to upgrade its mineral classification, aiming to convert Indicated Resources to Measured Resources and Probable Reserves to Proven Reserves. The company's COO Scott Honan and CEO Mark A. Smith expressed confidence in the assembled team's capabilities.
NioCorp Developments (NASDAQ:NB) has announced a live webcast scheduled for Tuesday, April 29, 2025, at 1 PM Eastern to provide updates on its Elk Creek Critical Minerals Project in Southeast Nebraska. The webcast will feature key presentations from company leadership and industry experts.
The event will include presentations from Mark Smith (Executive Chairman and CEO), Scott Honan (Chief Operating Officer), Jacob Anderson (Resource Geologist from Dahrouge Geological Consulting), and Drew Horn (CEO of GreenMet). The session will focus on project updates and upcoming field and engineering work programs.
Interested participants can register for the webcast through Microsoft Teams. The project focuses on critical minerals including niobium, scandium, and rare earth elements such as neodymium, dysprosium, and terbium.
NioCorp (NASDAQ:NB) has announced the launch of a 9-hole drilling campaign at its Elk Creek Critical Minerals Project in Nebraska. The 12-week program, starting later this month, aims to upgrade a portion of indicated resources to measured resources and probable mineral reserves to proven mineral reserves.
The drilling campaign is part of requirements for an updated feasibility study, necessary for the company's application for up to $800 million in potential debt financing from the U.S. Export-Import Bank (EXIM). The project update will include engineering of a new production process incorporating light and heavy magnetic rare earth oxides, titanium tetrachloride production, and potential ferroniobium and niobium oxide products.
The initiative comes amid China's recent threats to restrict exports of heavy rare earths and defense-critical minerals to the U.S. and Western allies. While the company is proceeding with EXIM's due diligence process, NioCorp notes there is no guarantee of securing the debt financing or timeline for the application process.
NioCorp Developments (NASDAQ:NB) has successfully closed its underwritten public offering in the United States, raising total gross proceeds of approximately $20.8 million. The offering included 7,692,308 common shares priced at $2.60 per share, generating $20.0 million, plus an additional $0.8 million from the partial exercise of the underwriter's over-allotment option for 323,504 shares.
Maxim Group served as the sole book-running manager and underwriter for the offering, which was conducted under an effective shelf registration statement on Form S-3. The offering excluded Canadian purchasers and was made available to investors in the United States and other jurisdictions outside Canada.
NioCorp Developments (NASDAQ:NB) has announced the pricing of its underwritten public offering of 7,692,308 common shares at $2.60 per share, aiming to raise $20.0 million in gross proceeds before deducting underwriting costs and expenses.
The offering includes pre-funded warrants as an alternative to common shares, and grants the underwriter a 30-day over-allotment option to purchase up to an additional 15% of the initial common shares. Maxim Group serves as the sole book-running manager and underwriter.
The offering is expected to close around April 21, 2025, subject to customary closing conditions. It is being conducted under an effective shelf registration statement on Form S-3, with no securities being offered to Canadian purchasers.
NioCorp Developments (NASDAQ:NB) CEO Mark A. Smith is scheduled to appear on Fox Business Network's 'Mornings with Maria' show on Wednesday, April 16, 2025, at 8:30 a.m. Eastern. The interview will focus on China's recent export restrictions on heavy rare earths and critical minerals to the U.S. and allied nations.
Smith, who previously experienced China's 2010 rare earth export restrictions as CEO of Molycorp, is currently leading the development of the Elk Creek Critical Minerals Project in Nebraska. This project aims to produce both light and heavy rare earth elements, along with critical minerals niobium, scandium, and titanium.
The facility plans to include an integrated underground mine and processing facility capable of producing purified and separated rare earths. Additionally, it will have the capability to process rare earth carbonates and concentrates from other U.S. and overseas mines.
NioCorp (NASDAQ:NB) has released preliminary financial results for Q3 and the first nine months of fiscal 2025. The company reported a quarterly loss of $5.4 million ($0.11 per share) for the period ending March 31, 2025, compared to a loss of $4.2 million ($0.11 per share) in the same quarter last year.
For the nine-month period, NioCorp posted a loss of $8.0 million ($0.17 per share), showing improvement from the $11.0 million loss ($0.29 per share) reported in the comparable period of 2024. The company plans to file its unaudited interim condensed consolidated financial statements in its Form 10-Q by May 15, 2025.
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