NioCorp Developments Ltd is a Canadian mining company that is focused on the exploration and development of mineral deposits. The company's primary project is the Elk Creek Niobium Project, located in Nebraska, United States. Niobium is a critical mineral used in the production of high-strength, low-alloy steel, as well as in the aerospace, automotive, and renewable energy industries.
NioCorp aims to become a leading producer of niobium, which is in high demand globally. The Elk Creek Project has significant niobium, scandium, and titanium resources, making it one of the largest and highest-grade undeveloped niobium deposits in the world.
The company is committed to sustainable and responsible mining practices, including environmental stewardship and community engagement. NioCorp is also focused on creating economic opportunities for local communities and contributing to the growth and development of the regions where it operates.
NioCorp Developments Ltd is listed on the Toronto Stock Exchange under the ticker symbol NB and on the OTCQX under the ticker symbol NIOBF.