NioCorp's Strategic Push for U.S. Critical Minerals Supply Chain Reshoring

Dual Forum Participation Signals Industry Momentum

NioCorp Developments Ltd. (Nasdaq: NB) is positioning itself at the forefront of America’s effort to re-establish domestic critical minerals production, with the company’s leadership set to address two major industry gatherings on October 8, 2025. These appearances underscore the growing importance of the niocorp forum discussions around supply chain resilience and mineral independence.

Executive Chairman and CEO Mark Smith will engage with industry titans and financial leaders at the J.P. Morgan Export & Agency Finance Forum in Paris, specifically participating in the “Resources: Onshoring the Value Chain” roundtable at 11:45 a.m. local time. This forum provides a premium venue for discussing strategies to strengthen U.S. supply chains and reduce dependence on foreign mineral sources.

Washington D.C. Summit Showcases Elk Creek Project

Simultaneously, the company is scaling up its presence in the nation’s capital. Chief Communications Officer Jim Sims will take the stage at the Second Annual Critical Minerals Forum Summit in Washington D.C. at 11:05 a.m. ET, where a wide spectrum of senior Congressional aides, Trump Administration officials, and industry leaders convene. As a proud sponsor of the summit, NioCorp is leveraging this platform to demonstrate how diversified sourcing strategies can fortify America’s critical minerals infrastructure.

Both executives will highlight the Elk Creek Critical Minerals Project, located in Southeast Nebraska, emphasizing its role in anchoring U.S. production of four strategic minerals: niobium, scandium, titanium, and potentially magnetic rare earth elements. This multi-mineral output distinguishes the project as a comprehensive solution to supply chain vulnerabilities.

The Minerals: Applications and Strategic Value

Niobium serves as a cornerstone for specialty alloys and high-strength, low-alloy steel—materials essential for automotive components, structural frameworks, and pipeline infrastructure. Scandium, when alloyed with aluminum, produces compounds with enhanced strength and corrosion resistance, while also functioning as a critical enabler for advanced solid oxide fuel cells.

Titanium’s applications span lightweight aerospace alloys, protective armor, medical implants, and pigment production for paper, paint, and plastics. Magnetic rare earths—including neodymium, praseodymium, terbium, and dysprosium—are foundational to manufacturing Neodymium-Iron-Boron magnets, which power both defense systems and consumer technologies.

The Elk Creek Project represents a rare opportunity to consolidate multiple mineral streams from a single source, reducing logistical complexity and supply chain fragmentation.

Reshoring as Strategic Imperative

NioCorp’s messaging across both forums centers on a fundamental shift in U.S. industrial policy: moving away from mono-source foreign reliance toward diversified, domestically-anchored supply chains. The niocorp forum presence reflects broader geopolitical and economic pressures driving this transition, from trade tensions to Pentagon requirements for secure domestic supplies.

The company’s participation signals confidence in its ability to secure project financing for the Elk Creek facility and navigate toward commercial operation. Industry observers view these presentations as bellwethers for how private enterprise is mobilizing to meet the Biden-Trump administrations’ shared objective of critical minerals independence.

Contact Information: Jim Sims, Chief Communications Officer, NioCorp Developments Ltd., (720) 334-7066, jim.sims@niocorp.com Alex Guthrie, Director, Investor Relations, NioCorp Developments Ltd., (720) 334-7066, aguthrie@niocorp.com

Disclaimer: This article contains forward-looking statements subject to risks and uncertainties. Actual results may differ materially from those projected. Refer to NioCorp’s SEC filings for detailed risk factors and disclaimers.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
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