NioCorp to Develop Critical Minerals Project in Nebraska

MT Newswires Live2025-04-04

NioCorp Developments (NB) said Friday it is developing a critical minerals project in Nebraska with an aim to produce the processed rare earths that China plans to limit US access to as part of its retaliatory action against the Trump administration's latest tariffs.

Chinese Ministry of Commerce had said it was restricting the exports of certain rare earth elements, including samarium and scandium. The restrictions include metals, alloys, oxides, compounds, and related products of the rare earths.

The new project in Nebraska is also expected to produce niobium and titanium, the company said.

NioCorp shares were up more than 4% in recent Friday trading.

Price: 2.17, Change: +0.08, Percent Change: +4.11

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