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NioCorp advances Elk Creek Project financing amid EXIM Bank review and environmental assessment.
NioCorp Developments Ltd. reported progress on its $800 million financing application from the U.S. Export-Import Bank for the Elk Creek Project in Nebraska, a critical minerals site targeting niobium, scandium, titanium, and potential rare earth elements.
The company hired SLR Consulting to conduct an independent environmental and social review, a key EXIM due diligence step, following a prior technical review.
The project previously passed EXIM’s TRC-1 review and received a preliminary term sheet.
JPMorgan Chase is assisting with financing, though no guarantees exist for approval or project completion.
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NioCorp avanza el financiamiento del Proyecto Elk Creek en medio de la revisión y evaluación ambiental de EXIM Bank.