EXIM reaffirms target to finance about 65% of NioCorp Elk Creek project's upfront capital costs
NB•EXIM reaffirmed its target to provide debt financing for about 65% of NioCorp’s Elk Creek project’s estimated $1.85 billion in upfront capital costs, subject to satisfactory due diligence.
1. Financing remains under review
EXIM reaffirmed its target to provide debt financing covering approximately 65% of the Elk Creek critical minerals project’s upfront capital costs. The southeast Nebraska project’s upfront capital expenditure is estimated at approximately $1.85 billion. Financing remains subject to satisfactory completion of EXIM’s ongoing due diligence, and the agency expects to advance the transaction to its Transaction Review Committee as expeditiously as practicable.
