NioCorp Starts Elk Creek Mine Portal Construction in Nebraska

Reuters02-26 20:40

NioCorp Starts Elk Creek Mine Portal Construction in Nebraska

NioCorp Developments Ltd. said it has begun construction of the main access portal for the underground portion of its Elk Creek Critical Minerals Project in southeast Nebraska. The company is launching an approximately $44.6 million effort to build the portal, which will serve as the primary entry point for personnel and equipment and is also intended to move ore to the surface production plant. NioCorp said recent capital raises, including a $100 million financing and more than $500 million raised in 2025 and year-to-date 2026, are supporting pre-construction work as it continues to pursue full project financing, including proposed debt financing with the Export-Import Bank of the U.S.

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: 202602260740ACCESSWRNAPR_____1141818) on February 26, 2026, 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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