NioCorp Purchases Key Land Parcels for the Elk Creek Critical Minerals Project

Nebraska company wins $10M to develop US-based critical mineral supply chain

The Defense Department awarded Nebraska-based Elk Creek Resources Corp. (ECRC) $10 million to develop the first U.S. polymetallic deposit targeting near-term production for critical minerals including scandium, niobium and titanium, DOD announced today. “Geological scarcity and limited production infrastructure drive scandium industrial shortages,” Vic Ramdass, acting assistant secretary of defense for industrial base policy, said. “Establishing…

NioCorp Purchases Key Land Parcels for the Elk Creek Critical Minerals Project

CENTENNIAL, CO / ACCESS Newswire / August 4, 2025 / NioCorp Developments Ltd. ("NioCorp" or the "Company") (NASDAQ:NB) is pleased to announce that it has formally closed on the purchase of three key land parcels associated with the Company's Elk…

U.S. Defense Department Funds Scandium Production to Reduce Chinese Reliance

timesng.com: WASHINGTON, D.C. — The U.S. Department of Defense announced on Tuesday that it has awarded up to $10 million to Elk Creek Resources, a subsidiary of NioCorp Developments. The funding aims to bolster the domestic supply of scandium, a strategic mineral, as part of efforts to lessen dependence on China for critical metals. CEO Mark […] This post U.S. Defense Department Funds Scandium Production to Reduce Chinese Reliance appeared firs…

DoD Buys Critical Minerals from U.S. Supplier

AUGUST 5, 2025 – Today, the Department of Defense announced a $10 million award to Elk Creek Resources Corporation (“ECRC”) via Title III of the Defense Production Act (DPA). ECRC is a subsidiary of NioCorp Developments Ltd. (NioCorp). Located near Elk Creek, Nebraska, ECRC is developing the United States’ first polymetallic deposit targeting near-term production of Scandium (Sc), Niobium (Nb), Titanium (Ti), and other critical minerals. This in…