NioCorp is a pre-revenue, development-stage mining company focused on developing the Elk Creek Project, an underground critical minerals mine and processing facility in Nebraska. The project is designed to produce four primary mineral products: niobium for high-strength steel and aerospace superalloys; scandium for lightweight aluminum alloys and solid oxide fuel cells; titanium for aerospace, defense systems, and industrial pigments; and magnetic rare earth elements used in permanent magnets for electric vehicles, robotics, and defense hardware. NioCorp operates a multi-product mining model, extracting ore from a single deposit and refining finished materials to sell directly to industrial and defense buyers under negotiated offtake agreements. The company also holds proprietary technology to convert scandium oxide directly into aluminum-scandium master alloys, adding downstream processing capabilities. Currently in the early construction and development phase, NioCorp is focused on completing site infrastructure, advancing engineering studies, and securing project financing through equity issuances, government reimbursement agreements, and government-backed loan programs.