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NioCorp finalizes land purchases

By John Nixon

10/07/2025

(KLZA)--NioCorp Developments has announced that it has finalized the purchase of an additional 325.77 acres of land associated with its Elk Creek Critical Minerals Project in southeast Nebraska.

The acquisition provides NioCorp with ownership of all land that hosts the Elk Creek Project- Mineral Resource and Mineral Reserve and all acreage necessary to commence construction once project financing is obtained. This ownership position includes all necessary surface and mineral rights.

NioCorp CEO and Executive Chairman. Mark Smith says the land purchase positions NioCorp to get out of the blocks quickly once they complete project financing and get the Elk Creek Project under construction and into commercial operations.

Through its land ownership position along with options to purchase additional lands adjacent to that position, the Company has enough land to support planned commercial operations and potentially expand its current Mineral Resource and Reserve beyond the current 38 years of estimated mine life.

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