on NioCorp Developments Ltd. (CVE:NB)
NioCorp to Discuss $10M Pentagon Agreement on Fox Business
NioCorp Developments Ltd. will be featured on Fox Business Network's "Mornings with Maria" on August 6, 2025. Chairman and CEO Mark Smith's interview coincides with the U.S. Department of Defense's recent award of $10 million to NioCorp's Elk Creek Resources Corp. subsidiary. This funding, through the Defense Production Act, aims to establish a domestic supply chain for scandium via the Elk Creek Critical Minerals Project in Nebraska.
NioCorp is advancing the Elk Creek Project to produce niobium, scandium, and titanium. This initiative aligns with potential U.S. Export-Import Bank financing of up to $800 million to progress the scandium supply chain. The broadcast, hosted by Maria Bartiromo, offers a platform to detail these recent developments.
R. H.
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