NioCorp signs 15-year deal with Traxys covering 50% of planned ferroniobium output
Bitget2026/10/13 12:58- NioCorp signed a 15-year definitive sales agreement with Traxys covering 50% of planned ferroniobium output from Elk Creek.
- The deal is take-or-pay, replacing prior ferroniobium and scandium offtake arrangements with Traxys.
- The remaining 50% of planned ferroniobium stays under an existing ThyssenKrupp offtake agreement for the first 10 years.
- Traxys gained exclusive rights to broker sales of planned scandium, titanium, and rare earth products for 15 years.
- NioCorp said the commercial coverage supports efforts to advance a proposed U.S. EXIM debt financing package.
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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