NioCorp Developments (NASDAQ:NB) (NASDAQ:NB) is a mineral exploration and development company focused on supplying critical materials essential to advanced manufacturing and clean-energy technologies. The company’s flagship asset is the Elk Creek deposit in southeastern Nebraska, which hosts one of the world’s highest-grade niobium-scandium mineral resources. NioCorp’s mission is to become a leading North American producer of niobium, scandium and titanium products, supporting industries such as aerospace, defense, automotive and renewable energy.
The Elk Creek project has advanced through extensive feasibility and engineering studies designed to deliver high-purity ferroniobium, scandium oxide and titanium dioxide feedstock. NioCorp’s preliminary economic assessments and definitive feasibility study outline a fully integrated mine, concentrator and processing facility that is scalable to meet growing demand for specialty alloys and metal additives. Environmental impact analyses under the U.S. National Environmental Policy Act (NEPA) are well underway, positioning Elk Creek for federal and state permitting.
Although Elk Creek is situated in Nebraska, NioCorp’s reach extends to global markets that rely on secure, responsibly sourced critical minerals. The company engages with regional stakeholders, government agencies and supply-chain partners in North America, Europe and Asia. NioCorp’s approach emphasizes local community benefits, including job creation and infrastructure investment, while adhering to rigorous environmental, social and governance (ESG) standards.
Founded in the early 2000s and headquartered in Greenwood Village, Colorado, NioCorp Developments is led by President and Chief Executive Officer Keith R. Phillips, who brings decades of resource-industry and capital-markets experience. The executive team and board of directors combine expertise in mining project development, metallurgical engineering and strategic finance. Under their leadership, NioCorp continues to advance Elk Creek toward construction readiness and aims to secure North America’s first domestic supply of high-purity niobium and scandium.
