NioCorp places all planned Elk Creek output under long-term sales agreements

Bitget2026/10/13 12:12

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NioCorp signed a binding sales agreement with Traxys covering 50% of planned Elk Creek ferroniobium output for 15 years.
The take-or-pay deal replaces prior Traxys offtake arrangements for ferroniobium and scandium.
The remaining 50% ferroniobium offtake with ThyssenKrupp for the first 10 years remains in place.
Traxys gained exclusive marketing rights for non-ferroniobium products, subject to financing, construction, production start, and final commercial terms.
Talks continue on a potential Traxys equity investment of up to USD 30 million, separate from the agreement.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. NioCorp Developments Ltd. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 202610130810ACCESSWRNAPR_____1234408) on October 13, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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NioCorp places all planned Elk Creek output under long-term sales agreements

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