(KLZA)--NioCorp Developments has announced that it has completed the acquisition of additional land in Johnson County, Nebraska associated with its Elk Creek Critical Minerals Project.
As a result of this transaction, NioCorp now owns a full square mile of land where it plans to site both its underground critical minerals mine and its integrated surface processing facility, subject to the successful completion of project financing.
The Company retains multiple land purchase options on surrounding parcels to support potential future operations, additional mineral exploration activities, and expansion.
NioCorp CEO and Chairman Mark A. Smith said he deeply appreciate the fantastic support the compoany has received from local landowners and area residents over the years of the development of the project. He noted NioCorp is committed to being a responsible neighbor and to maintaining our working partnerships for many years to come.
All of the major minerals in NioCorp's resource at the proposed Elk Creek Project- including niobium, scandium, titanium, and rare earths - are U.S government-designated critical minerals. As a result, NioCorp believes that the Elk Creek Project is one of the most strategic pure-play critical minerals projects in the U.S. that is permitted for construction, has been completed at the Feasibility Study level.
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