NioCorp Approves Construction of Mine Portal at Elk Creek Project

Reuters05:35

NioCorp Approves Construction of Mine Portal at Elk Creek Project

NioCorp Developments Ltd. has announced that its Board of Directors has approved the Mine Portal Project, a significant step toward advancing the Elk Creek Critical Minerals Project. The Portal Project will establish underground mine entrances and is expected to begin in the first quarter of 2026. This development is seen as a critical milestone in enabling underground access for future mining activities at the Elk Creek site, which aims to produce niobium, scandium, titanium, and potentially rare earth elements. The company’s plans include further underground development as it progresses toward full construction and eventual commercial operation.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. NioCorp Developments Ltd. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 1120324) on December 22, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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