Niocorp Developments

NioCorp has signed a non-binding letter of intent with Lockheed Martin for the potential purchase of up to 15 tonnes of scandium oxide per year over ten years. Deliveries are to come from the Elk Creek project in Nebraska, either as pure oxide or as an aluminum‑scandium alloy. NioCorp plans, after project financing and construction, an annual production of around 100 tonnes of scandium oxide; the agreement builds on a joint development program with Lockheed Martin’s Skunk Works and is still subject to negotiation. » More on de.investing.com

Options trading volume in NioCorp Developments rose on Monday to 16,196 contracts, of which 16,049 were calls. The activity centered on the call option expiring July 17, 2026 with a $5 strike, where 12,856 contracts were traded (open interest 383). The stock fell to $4.51 and three‑month volatility increased to 94.64%, while the three‑month skew rose to 16.87 percentage points. » More on de.investing.com

NioCorp has begun building the main access portal to the underground portion of the Elk Creek project in Nebraska and is investing $44.6 million. The portal will serve as the primary access for personnel, equipment and materials and will transport ore from the underground workings to the surface facility; a notice of commencement of construction has been filed with the Mine Safety and Health Administration. The company has moved construction equipment to the site, is carrying out detailed planning and expects the portal project to be completed in about nine months. Since 2025 NioCorp has raised around $500 million in capital, aims to produce minerals classified by the government as critical (niobium, scandium, titanium and potentially rare earths) and is not yet profitable. » More on de.investing.com

NioCorp placed 20 million common shares and pre-funded warrants at $4.9999–5.00 each, generating gross proceeds of approximately $100 million before fees and expenses. The funds are intended for working capital and further development of the Elk Creek project (niobium, scandium, titanium; assessment of rare earths) through to commercial readiness. Maxim Group acted as sole placement agent; the transaction was based on a shelf registration filed with the SEC on October 10, 2025; no sales were made to Canadian purchasers. » More on de.investing.com

NioCorp Developments filed an 8-K and submitted exhibits to its registration statement (Form S-3). The exhibits relate to the Standby Equity Purchase Agreement dated January 26, 2023, and an amendment dated May 3, 2024, and include an opinion from Blake, Cassels & Graydon LLP and an interactive cover page file. The filing did not disclose any new agreements or amendments. The company’s listed securities are common shares and warrants on Nasdaq. » More on de.investing.com