EXIM reaffirms 65% debt financing target for NioCorp's Elk Creek project
NB•EXIM reiterated its target to finance approximately 65% of upfront capital expenditures for NioCorp’s Elk Creek project, subject to financing requirements, satisfactory due diligence and EXIM approval.
1. Financing target reaffirmed
A letter of support signed October 14, 2026, reaffirmed EXIM’s target to finance approximately 65% of upfront capital expenditures for the project in southeast Nebraska. The bank expects to advance due diligence toward Transaction Review Committee review as expeditiously as practicable. Elk Creek is designed to produce niobium, scandium and titanium, alongside several rare earth products.
