NioCorp Signs 15-Year Ferroniobium Offtake Deal With Traxys

09:05 AM EDT, 10/13/2026 (MT Newswires) -- NioCorp Developments (NB) said Tuesday it has signed a binding 15-year agreement with Traxys North America to sell 50% of its planned ferroniobium production from its Elk Creek critical minerals project. The company said the agreement replaces the prior ferroniobium and scandium offtake arrangements with Traxys. The remaining output is covered under an existing offtake agreement with ThyssenKrupp, it said. NioCorp has also granted Traxys the exclusive right to purchase scandium, titanium, and rare earth products, and to serve as its global marketing and sales partner, the company said. NioCorp said the arrangements place all planned Elk Creek production under commercial agreements and are expected to support efforts to secure debt financing from the US Export-Import Bank. Separately, NioCorp said it is in talks with Traxys to potentially secure a strategic equity investment of up to $30 million. NioCorp shares were up 4.3% in Tuesday's premarket activity.