NioCorp Project to Expand Production to 8 Made-in-USA Critical Minerals Over a 40-Year Mine Life with an Estimated $4.1 Billion Pre-Tax NPV8%
New Feasibility Study Shows Project Economics Including an Average Annual EBITDA2 of $608 Million, Life-of-Mine Revenue of $37.4 Billion with a Pre-Tax NPV8% of $4.1 Billion (After-Tax NPV8% of $3.4 Billion) and Pre-Tax IRR of 24% (After-Tax IRR of 22.8%) Expanded Product Mix is Expected to Generate Revenue of $815/Ton of Ore Against Average Operating Costs of $255/Ton, Creating a More Robust and Diversified Revenue Profile Proven and Probable Mineral Reserves of 45.9 Million Tons Support a 40-Year Operating Mine Life, with Additional Mineral Resources Providing Potential for Future Expansion NioCorp's Integrated Mine and Processing Plant in Nebraska Expected to Reduce U.S. Import Reliance on Eight Different Imported Critical Minerals: Ferroniobium, Scandium Trioxide, Titanium Tetrachloride, Terbium Oxide, Dysprosium Oxide, NdPr Oxide, SEG Carbonate, and Heavy Rare Earth Carbonate Diversified Revenue Stream Expected to Reduce NioCorp's Exposure to Market Concentration, Export Controls, and Pricing Volatility Associated with China-Dominated Supply Chains Upfront Capital Estimate of $1.85 Billion Reflects a Substantially Redesigned Processing Plant and Mining Operation Producing Eight Critical Minerals and Significant Inflationary Impacts Since the Previous Feasibility Study Completion of NioCorp's Feasibility Study Will Satisfy a Key U.S. Export-Import ("EXIM") Bank Due Diligence Requirement; Company Now Expects to Advance to the Next Step of Detailed Engineering and Engineering, Procurement and Construction ("EPC") Contracting NioCorp to Host Live Investor Webcast on Tuesday, August 11 at 10:00 AM ET. Register Here to Participate.