NioCorp seeks to publicly issue $100 million worth of stock

2026-03-10 08:57:27

Houston, February 24 (Agnes) — U.S. critical mineral developer NioCorp is seeking to raise $100 million through an initial public offering, which will help advance its Elk Creek critical mineral project in Nebraska.

The company stated it will issue up to 20 million common shares at a price of $5 per share. Under typical conditions, the offering is expected to be completed around February 25.

The Elk Creek project in southeastern Nebraska is expected to produce niobium, scandium, and titanium, and the company is also evaluating the potential to produce magnetic rare earth elements.

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