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NioCorp began construction on the Elk Creek mine portal in Nebraska, a key step toward producing critical minerals for clean energy and defense.
NioCorp has started construction on the main portal for its Elk Creek Critical Minerals Project in Nebraska, a $44.6 million step toward pre-construction.
The site, near Elk Creek, will serve as the primary underground access point for personnel, equipment, and ore transport, with work expected to take nine months.
The company filed a formal Notice of Commencement with MSHA and has raised over $500 million in capital since 2025, strengthening its position for potential U.S. Export-Import Bank financing.
The project aims to produce niobium, scandium, titanium, and possibly key rare earth elements vital for clean energy, defense, and advanced manufacturing.
A final investment decision and formal groundbreaking are pending full financing.
NioCorp comenzó la construcción del portal de la mina Elk Creek en Nebraska, un paso clave hacia la producción de minerales críticos para energía limpia y defensa.