Traded on the TSX Symbol - NB; OTC QX Symbol - NIOBF; FSE - BR3
|Market Cap ||$102.8 million ||a/o March 27, 2019 |
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| ||Outstanding Shares || ||a/o March 27, 2019 |
NioCorp Developments Ltd.—
- 7000 S. Yosemite Street
Centennial, CO 80112
NioCorp Developments Ltd.— Denver
7000 S. Yosemite St., Suite 115, Centennial, CO 80112
Transfer Agent(s) Computershare Trust Company of Canada Inc.
NioCorp Developments Ltd.
NioCorp is developing North America's only niobium / scandium / titanium project. Located near Elk Creek, Nebraska, the Elk Creek Project is the highest grade niobium project in North America, as well as the largest prospective producer of scandium in the world.
NioCorp is positioned to emerge as the United States' only producer of niobium and scandium. These elements are unique and valuable superalloy materials that are strategic and critical to many industries and national defense technologies.
|Reporting Status ||International Reporting: TSX Venture Exchange |
|Audited Financials ||Audited |
|Latest Report ||June 30, 2016 |
|CIK ||0001512228 |
|Fiscal Year End ||6/30 |
|OTC Marketplace ||OTCQX International |
|SIC - Industry Classification ||1061 - Ferro-alloy ores (except vanadium) |
|Business Status ||Development Stage Company a/o |
|Incorporated In: ||British Columbia, Canada |
|Year of Inc. ||1987 |
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DIRECTORS AND MANAGEMENT
|Mark A. Smith ||CEO, President |
|Neal Shah ||CFO |
|Jim Sims ||VP, Bus. Affairs, IR |
|Scott Honan ||VP, Bus. Dev. & Corp. Rel. |
|John Ashburn, Jr. ||Vice President, General Counsel, Corporate Secretary |
- Formerly=Quantum Rare Earth Developments Corp. until 3-2013
Formerly=Butler Resource Corp. until 3-2010
Formerly=Butler Developments Corp. until 2-2009
Formerly=Kingston Resources Ltd. until 6-01
U.S. Geological Society description of Elk Creek Carbonatite
"The Elk Creek carbonatite, located south of Lincoln, has the potential to be one of the largest global resources of niobium and rare-earth elements (REE). These REE's have many important applications in industry, including petroleum-cracking catalysis, steel alloying, and glass polishing, and as sources of permanent magnets and phosphorus for television and lighting.
The Elk Creek carbonatite is buried beneath about 500 feet of overlying rock and is known only from drill cores, which, until recently, have remained proprietary. Scientists from the USGS and the Conservation and Survey Division (CSD) of the Institute of Agriculture and Natural Resources at the University of Nebraska--Lincoln have studied drill cores."
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NioCorp is developing a superalloy materials project in Southeast Nebraska that will produce niobium, scandium, and titanium. Niobium is used to produce superalloys as well as High Strength, Low Alloy ("HSLA") steel, which is a lighter, stronger steel used in automotive, structural, and pipeline applications. Scandium can be combined with Aluminum to make super-high-performance alloys with increased strength and improved corrosion resistance. Scandium also is a critical component of advanced solid oxide fuel cells. Titanium is used in various superalloys and has extensive uses in aerospace, defense, transportation, medical, and other applications. It also is a key component of pigments used in paper, paint and plastics.