|NioCorp Developments Ltd - NB.t is developing North America's highest grade, large tonnage, undeveloped Niobium project, located in Elk Creek, Nebraska. |
Elk Creek is estimated to have pre-tax Net Present Value of US$3.07 billion, with an after-tax Internal Rate of Return (IRR) of 27.6% using an 8% discount rate.
NioCorp Developments Ltd. (“NioCorp” or the "Company”) (TSX: NB, OTCQX: NIOBF, FSE: BR3) is pleased to announce the successful conclusion of the Acid Regeneration Pilot Plant that has produced hydrochloric acid under continuous conditions. The pilot plant was constructed and operated at the SGS facility in Lakefield, Ontario.