Niocorp Developments Ltd (NB)

[Middleborder]

Landmark; Good find! Not financing, but more parts of the puzzle

So does "plans to commence commercial production in April 2021" mean begin to excavate the mine build the processing facuilities or begin to sell refined product? Will ponder another time.



Producer of
Niobium
Location
Nebraska, US
Mining Method
Underground
Reserves
31.7Mt


"Elk Creek is one of the highest grade primary niobium resources under development in the US. Located in south-east Nebraska, the deposit is owned and operated by NioCorp.

Underground long-hole open stoping mining method is planned to be used at the niobium deposit.

The mine is expected to produce 1.4 million tonnes (Mt) of niobium (Nb2O5), 3,237t of scandium oxide (Sc2O3) and 3.5Mt of titanium dioxide (TiO2) over its estimated life of 32 years.

NioCorp completed the project’s feasibility study in 2017 and plans to commence commercial production in April 2021.


....Contractors involved

NioCorp signed an 11-year contract worth $63m with Rockies Express to build and operate a 27.8-mile (44.73km) pipeline, which will deliver natural gas to the Elk Creek project.

SRK Consulting conducted the full feasibility study, while SGS, Hazen and KPM were contracted to conduct bench and pilot scale test work."