on NioCorp Developments Ltd. (CVE:NB)
NioCorp Secures Land for Elk Creek Project
NioCorp Developments Ltd. has successfully acquired three crucial land parcels for its Elk Creek Critical Minerals Project. This acquisition builds on previous land purchases from 2021, facilitating the planned production operations and infrastructure improvements, contingent upon securing project financing.
The Elk Creek Project is set to develop significant mining infrastructure on these lands. NioCorp's CEO, Mark A. Smith, emphasized that increasing land ownership accelerates progress toward construction and eventual commercial operation.
The Elk Creek Project plans to produce essential minerals like niobium, scandium, and titanium. Additionally, rare earth elements may also be extracted from the resource-rich site.
R. P.
Copyright © 2025 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.
Click here to consult the press release on which this article is based
See all NioCorp Developments Ltd. news