NioCorp signs 15-year deal with Traxys covering 50% of planned ferroniobium output

By Public Technologies
  • NioCorp signed a 15-year definitive sales agreement with Traxys covering 50% of planned ferroniobium output from Elk Creek.
  • The deal is take-or-pay, replacing prior ferroniobium and scandium offtake arrangements with Traxys.
  • The remaining 50% of planned ferroniobium stays under an existing ThyssenKrupp offtake agreement for the first 10 years.
  • Traxys gained exclusive rights to broker sales of planned scandium, titanium, and rare earth products for 15 years.
  • NioCorp said the commercial coverage supports efforts to advance a proposed U.S. EXIM debt financing package.


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